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The Fed will start expanding its balance sheet soon.
More stimulus of our funny money by The Federal Reserve is going to push up the cost of commodities! Stag inflation is coming soon, better go ask for a raise! They will probably have some secret buyer which will be an insider getting a loan from them to have him buy the treasuries bonds in short they will be buying the Bonds with their own monopoly money. And that is what the Federal Reserve is, a Monopoly given to them by our illustrious Congress! Your republic democracy is nothing but a scheme to make money, make us work and pay taxes while they cheat you with unbridled debt on we the people!
serf
https://www.cnbc.com/2019/10/08/powell-says-the-fed-will-start-expanding-its-balance-sheet-soon.htm
How the Fed will go about expanding the securities it holds will be explained in the coming days, though Treasury bill purchases will be involved, the central bank chief said during a speech in Denver, though Powell stressed the approach shouldn?t be confused with the quantitative easing done during and after the financial crisis.
serf
https://www.cnbc.com/2019/10/08/powell-says-the-fed-will-start-expanding-its-balance-sheet-soon.htm
How the Fed will go about expanding the securities it holds will be explained in the coming days, though Treasury bill purchases will be involved, the central bank chief said during a speech in Denver, though Powell stressed the approach shouldn?t be confused with the quantitative easing done during and after the financial crisis.
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serf
In accordance with this directive, the Desk plans to purchase Treasury bills at an initial pace of approximately $60 billion per month, starting with the period from mid-October to mid-November. These reserve management purchases of Treasury bills will be in addition to the Desk?s ongoing purchases of Treasury securities related to the reinvestment of principal payments from the Federal Reserve?s holdings of agency debt and agency mortgage-backed securities. Detailed information on the schedule for reserve management purchases of Treasury bills will be announced on or around the 9th business day of each month on the Treasury Securities Operational Details site.
Consistent with this directive, the Desk will roll over at auction all principal payments from the Federal Reserve?s holdings of Treasury securities. As Treasury bill holdings mature, the principal payments will be rolled into new Treasury bill securities.
In addition, at least through January of next year, the Desk will conduct overnight and term repo operations to ensure that the supply of reserves remains ample and to mitigate the risk of money market pressures. Term repo operations will generally be conducted twice per week, initially in an offering amount of at least $35 billion per operation. Overnight repo operations will be conducted daily, initially in an offering amount of at least $75 billion per operation. Detailed information on the schedule of term and overnight repurchase agreement operations will be announced on or around the 9th business day of each month on the Repurchase Agreement