Loading ...A conflict of interest going on between the Fed and Treasury?
Aug 20 (Reuters) – Federal Reserve Chairman Kevin Warsh has promised that the U.S. central bank will deliver price stability, but Treasury Secretary Scott Bessent’s decision on Wednesday to double buybacks of longer-dated U.S. debt may complicate any effort to do so.
Treasury’s upsized buybacks may complicate Fed’s monetary policy work https://share.google/qGa5B6GUqPxCbOFaa