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When Fed cuts rates, it may still be tightening via QT program

“A number of participants noted that balance-sheet runoff need not end when the committee eventually begins to reduce the target range for the federal funds rate,� according to minutes of the US central bank’s July 25-26 policy meeting published Wednesday in Washington.

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​ â€œA number of participants noted that balance-sheet runoff need not end when the committee eventually begins to reduce the target range for the federal funds rate,â€� according to minutes of the US central bank’s July 25-26 policy meeting published Wednesday in Washington. “A number of participants noted that balance-sheet runoff need not end when the committee eventually begins to reduce the target range for the federal funds rate,â€� according to minutes of the US central bank’s July 25-26 policy meeting published Wednesday in Washington.  Moneycontrol Latest News Read More  

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