MNI BRIEF: Trump Likely To Let Powell Serve Full Term-Moore

MNI BRIEF: Canada Household Debt Tops $3 Trillion In 3Q

MNI BRIEF: Trump Likely To Allow Powell To Serve Term - Moore

MNI INTERVIEW2: Poland To Push For EU Defence Fund

MNI BRIEF: China To Keep Stabilising Housing Market - CEWC

MNI BRIEF: China Focus On Boosting Consumption In 2025

EZ/UK Bond Supply Calendar: Belgium ORI Facility on Friday

US EIA:NAT GAS STORAGE -190 BCF TO 3,747 BCF DEC 06 WK

MNI: US JOBLESS CLAIMS +17K TO 242K IN DEC 07 WK

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Chair Powell Asked on QT Taper Discussions

FED
  • Q: When you say fairly soon on QT taper, do you mean May? Could you describe the scope of discussion?
    • A: That is what we're discussing - not all the other many balance sheet issues, we will discuss those in due course. We're looking at slowing the pace of runoff. I don't want to give a specific number because we haven't made a decision. In terms of timing, I would say "fairly soon" - I don't want to be more specific than that.
    • We may be able to get to a lower level of reserves because we could avoid the kind of frictions that can happen. Liquidity is not evenly distributed in the system. We're looking at what would be a good time and a good structure.
    • Our longer-run goal is to return to a mostly Treasury balance sheet. I expect that once we're through this we'll come back to other issues re composition and maturities - but that's not urgent right now.
Metals bulletCredit BulletsEM BulletFixed Income BulletsHomepageCreditCommoditiesEnergy BulletsBulletMarketsEmerging Market NewsForeign Exchange Bullets
Metals bulletCredit BulletsEM BulletFixed Income BulletsHomepageCreditCommoditiesEnergy BulletsBulletMarketsEmerging Market NewsForeign Exchange Bullets

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.