This recent choice maintains the short-term benchmark rate at 5.25%, which is the highest it has been in 22 years, extending a streak of minimal rate adjustments.Continue Reading

Starting June 1, the Federal Reserve will begin draining that plus $3.3 trillion of bank reserves from its nearly $9 trillion balance sheet to put all of this money in motion — a process it called “quantitative tightening”.     Quantitative tightening, also known as balance sheet normalisation, is a type of monetary policy followed...Continue Reading