@RodinRoom @SoberLook ECB hiked interest rates in 201 and let balance sheet collapse after 2012. Fed set 6.5 % unemp target and hit it!
When will Fed taper is the new topic du jour! Powell was a strong advocate in 2013 -> taper tantrum.
January 26, 2021
When will Fed taper is the new topic du jour! Powell was a strong advocate in 2013 -> taper tantrum. Implications for global $ debt