Conversation

This is absolutely insane: Powell & Co. are planning to FORCE all banks to utilize emergency credit so that the market can’t tell safe banks from distressed banks - great job highlighting this, @Fxhedgers; it’s scary stuff but worth a read:

https://www.fxhedgers.com/p/you-will-borrow-and-youll-like-it?utm_medium=reader2

https://x.com/realejantoni/status/1748918611748479439?s=46&t=BoQzQfLm3fqGo-6jc27fVA