US - Fed 05 (Feb 24 - Dec 27)

[behappyalways]

The presidential detente with the Fed chair lasted all of one week
https://x.com/NickTimiraos/status/1950886194562138567

[behappyalways]

Governor Kugler did not attend or vote in the FOMC meeting this week (the official vote was 9 to 2). The Fed said we was attending to a "personal matter." Two days later, she steps down. (Kugler's last day is August 8.)
https://x.com/biancoresearch/status/1951381450647019950


Such anger
https://x.com/Mayhem4Markets/status/1951350087613046894

[behappyalways]

Divided Fed worried about tariffs, inflation and the labor market, minutes show
https://www.cnbc.com/2025/08/20/fed-min ... -2025.html

[behappyalways]

Trump posted this on Truth Social about an hour ago
https://x.com/biancoresearch/status/1959077882363322854

[behappyalways]

Trump tells Fed’s Lisa Cook she’s fired; she says ‘he has no authority to do so’
https://www.cnbc.com/2025/08/25/trump-f ... owell.html

[behappyalways]

Does Trump really dare to touch the Fed?
What does Lisa Cook's firing represent?

川普真的敢動Fed？Lisa Cook被fire的背後代表的是...｜陳鳳馨解析【Yahoo TV】

https://m.youtube.com/watch?v=sknSZqOd9C4

[winston]

Fed's Powell says the end of balance sheet drawdown process may be nearing

Given the central bank’s long-running goal of leaving enough liquidity in the financial system to allow for firm control of short-term rates and normal money market volatility, Powell said “we may approach that point in coming months and we are closely monitoring a wide range of indicators” to know if that has happened.

That facility peaked at $2.6 trillion at the end of 2022.

The asset buying helped Fed holdings more than double to around $9 trillion. Allowing a set amount of bonds to mature each month and not be replaced has helped take the Fed balance sheet down to $6.6 trillion.

The Fed has also caught heat for its interest rate management tools, which have paid out so much money to eligible financial firms that the Fed is now managing a $244 billion loss, causing some politicians to weigh whether those powers should be removed.

Source: The Standard

https://www.thestandard.com.hk/market/article/314120/

[behappyalways]

This is why Powell’s hint about ending QT matters so much. QT drains reserves out of the system every week, and with the reverse repo facility nearly empty, there’s less margin for error
https://x.com/onechancefreedm/status/19 ... 8567158094

[behappyalways]

The US dollar's myocardial infarction finally broke out!
Powell was forced to urgently end the balance sheet reduction!

美元心肌梗塞终于爆发！鲍威尔被迫紧急终止缩表！

https://m.youtube.com/watch?v=diCkdFB-HCc

[winston]

Fed to end balance sheet reduction on December 1

The Federal Reserve on Wednesday said it is ending the drawdown of its $6.6 trillion balance sheet amid evidence money market liquidity conditions have begun tightening and bank reserve levels dropping.

Instead of allowing up to $5 billion in Treasury securities to mature each month and not be replaced, the Fed said that beginning December 1 it would now seek to hold steady its stock of government bonds by rolling over maturing Treasuries.

QT aimed to remove the huge wash of liquidity the Fed added to the financial markets during the COVID-19 pandemic. As part of an effort to support the economy, Fed holdings more than doubled from early 2020 levels to $9 trillion by the middle of 2022.

Source: The Standard

https://www.thestandard.com.hk/market/article/315466/