JPMorgan Chase: Fed Expected to End Balance Sheet Reduction in Quarter 1, 2025, Not Before End of 2024
2024-11-08 21:59:01
JPMorgan teresa ho strategist forecast view liquidity conditiondesk3cryptocurrencydesktopCrypto News
With liquidity conditions returning to normal after the end of October, strategists such as JPMorgan's Teresa Ho expect the Fed to end quantitative tightening (QT) in the first quarter of 2025, a process previously expected to be completed by the end of 2024. Increasing supply of US treasury securities and repo, and money market funds looking to expand into longer maturities amid waning expectations of easing, have pulled more money from the Fed's overnight reverse repo facility.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article:
摩根大通:美联储料将在2025年第一季度结束缩表,而非2024年底之前