The Fed vs. AI
The Fed spread good cheer for stock markets on Wednesday and cut interest rates by 25bps. It didn’t stop there; it has also restarted the printing presses and has said that it will buy $40bn of Treasury Bills in the next 30 days for the purpose of maintaining ample reserves over time.
The Fed spread good cheer for stock markets on Wednesday and cut interest rates by 25bps. It didn’t stop there; it has also restarted the printing presses and has said that it will buy $40bn of Treasury Bills in the next 30 days for the purpose of maintaining ample reserves over time.
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