David Hoffmann
👤 SpeakerAppearances Over Time
Podcast Appearances
So these are short duration bonds.
True QE would be a bit more on the long duration side where you really get to kind of adjust things.
Rates around this.
And so a little bit of that is happening.
And Powell emphasized that this is just temporary.
Basically, we're just going to do.
How do you say it?
We're just trying to balance.
What's the word he used?
It's policy neutral.
I don't know.
He's it's not a big deal.
It's not QE.
Well.
Powell will not be the Fed chair for much longer.
His tenure does expire.
And Trump was actually asked about this in an interview.
Yeah, I mean, this would be, you know, most politicians would be like, well, I don't want to seem like I'm influencing, you know, independent monetary policy.
So what do the markets do?
S&P went up.