20190221【充实计划】第987期

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curtail \solid reasoning for doing so

As for the bottom line of the Fed's entire soon to be failed experiment in normalization, the Jefferies analyst says that the "FOMC is on track to curtail the normalization of the balance sheet without providing any solid reasoning for doing so."
And since the Fed will never acknowledge that it's monetary policy is only driven by the market's reaction, no "solid reasoning" will ever be provided.


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充实每一天 发表于 2019-2-21 05:51
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