The Fed is already conducting QE through the BTFP and resuming O/N repos, allowing it to cut rates.

Great, let the Fed cut rates. It's already doing QE in the form of the BTFP and cranking back up O/N repos. Gold, silver and mining stocks will do a moon-shothttps://t.co/HwFowOoggs https://t.co/DosPFhP7VR

— Dave Kranzler (@InvResDynamics) November 15, 2023