#crypto news
đŠ Federal Reserve | Warsh taking office did not mean a sharp shift in policy
đč Morgan Stanley said:
Even with Kevin Warsh as chairman, Fed stance unlikely to change quickly
âą Critical constraints:
-The banking system was highly dependent on a high reserve environment
-Further balance sheet reduction will push up short-term interest rate fluctuations
âą About MBS:
-Passive reduction of holdings was extremely slow
-Halving may take nearly 10 years