Rick Scott Calls for More Quantitative Tightening From Federal Reserve
Senator Scott highlights $243 billion in Fed losses and urges ending payments to banks on reserves to reduce taxpayer burden and cut the balance sheet.
3 Articles
3 Articles
Florida Sen. Rick Scott Warns Fed Chair: Don't 'Add To Your Growing List Of Failures'
Senator Rick Scott (R-FL) sent a blistering letter to Federal Reserve Chair Jay Powell on Tuesday, ahead of the Federal Open Market Committee (FOMC) meeting, vehemently urging him to continue the Fed’s quantitative tightening (QT)—the reduction of its balance sheet. Scott warned Powell against halting the effort, stating it would “prolong the American people’s suffering” […] Florida Sen. Rick Scott Warns Fed Chair: Don’t ‘Add To Your Growing Lis…
Rates Spark: Focus On Quantitative Tightening Tweaks From The Fed
This article was written by Follow From Trump to trade, FX to Brexit, ING’s global economists have it covered. Go to ING.com/THINK to stay a step ahead. We’re sorry we can’t reply to individuals’ comments.Content disclaimer: The information in the publication is not an investment recommendation and it is not investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument.This publication has been prepar…
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