US Fed cannot increase purchase of treasuries instead of MBS until the debt ceiling is raised or suspended again.
It will eventually happen, despite gridlock in Congress, but maybe not until late October when the existing ceiling gets hit.
So tapering will continue to be discussed over the next couple of months, but unlikely to be implemented.
Looking good for gold in the short term at least.....
- Forums
- ASX - By Stock
- Ann: FY21 Full Year Results - Briefing Book
US Fed cannot increase purchase of treasuries instead of MBS...
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)