Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
New York Fed survey: Wall Street banks still expect the Fed to end its balance sheet reduction in April next year

New York Fed survey: Wall Street banks still expect the Fed to end its balance sheet reduction in April next year

CointimeCointime2024/10/11 01:27
By:Cointime

Several of the largest banks on Wall Street predict that the Federal Reserve will end the process of reducing its balance sheet in April of next year, which is consistent with their expectations in July. A survey conducted by the New York Fed of so-called primary market dealers before the Fed's interest rate meeting last month showed that "most dealers said they expected the end of balance sheet reduction to depend on the assessment of reserve levels, overnight reverse repurchase agreements, or upward pressure on money market rates relative to administered rates. Some dealers said macro factors posed risks to the prospect of ending the balance sheet reduction." The Federal Reserve's current balance sheet is about $7 trillion.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!