At the post-meeting press conference, Powell demonstrated the central bank’s understanding of the optics around its balance sheet expansion.
Why aren’t more Americans working? Fed Chair Powell says blame education and drugs, not welfare. https://t.co/B17WtVIfTW
— The Washington Post (@washingtonpost) February 15, 2020
Fed balance sheet moves up to $4.18 trillion, highest level in 16 months, up $423 billion over the last 5.5 months.
"In no sense is this QE. This is nothing like it." – Jerome Powell, Oct 8, 2019 pic.twitter.com/y7qnXkRPF3
— Charlie Bilello (@charliebilello) February 14, 2020