A short while ago Fed Chair Jerome Powell said "we have not made any decision regarding the balance sheet reduction... it will take two to four meetings to work through the decision".
Markets are happy again (for now!) as Powell has addressed growing anxiety in markets by alluding to the fact that it might be 2 to 4 meetings until the balance sheet decision is made.
If you take that literally, then it would be in the May meeting, dispelling any fears of an imminent reduction in the balance sheet in March.
A short while ago Fed Chair Jerome Powell said "we have not made...
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47.0¢ |
Change
-0.020(4.08%) |
Mkt cap ! $104.5M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 49.5¢ | 47.0¢ | $1.169M | 2.448M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 119772 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 2110 | 3 |
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| APX (ASX) Chart |