💥BREAKING: 🇺🇸 Fed will inject another $16,000,000,000 into the economy this week.
Worth noting this isn’t outright stimulus, it’s short-term bill purchases / liquidity ops to smooth funding markets. But functionally, it does add reserves and ease conditions at the margin. Looser liquidity → risk assets breathe easier.
Yeah it's real NY Fed doing ~$8B T-bill buys on around Feb 17 and probably another ~$8B shortly after as part of the ongoing ~$40B/month reserve management purchases. Not surprise QE, but still net liquidity add → mildly bullish for risk (BTC included). 🚀 Just the usual technical plumbing until mid-April.
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💥BREAKING: 🇺🇸 Fed will inject another $16,000,000,000 into the economy this week.
Worth noting this isn’t outright stimulus, it’s short-term bill purchases / liquidity ops to smooth funding markets.
But functionally, it does add reserves and ease conditions at the margin.
Looser liquidity → risk assets breathe easier.
Yeah it's real NY Fed doing ~$8B T-bill buys on around Feb 17 and probably another ~$8B shortly after as part of the ongoing ~$40B/month reserve management purchases. Not surprise QE, but still net liquidity add → mildly bullish for risk (BTC included). 🚀 Just the usual technical plumbing until mid-April.
$INIT
{spot}(INITUSDT)
$UMA
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$PROM
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