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Suffering Liquidity Withdrawal Syndrome, Market Gets Its Fix—Thornburg

Jan 14, 2019 / Federal Reserve, United States, Trending, Asset Class Research Research Alliance

It appears the “Powell Put” has been exercised as the Fed chief declares no “pre-set” course on rates and no “hesitation” to change its balance sheet runoff. But does the economy still need Fed accommodation, or do markets just want it?

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