Quantitative Tightening:Watching the Paint Dry?
with Ian Pollick
After expanding their balance sheets by upwards of 20% of GDP, the Federal Reserve and Bank of Canada are now looking at unwinding them. Quantitative Easing added monetary support when policy rates were at the zero lower bound, but with policy rates now on their way up, the question is how much additional “tightening” might be in store? Ian will give us a birds eye view of how a strategist thinks about the impact of Quantitative Tightening and its potential impact on the economy and financial markets over the next year.