PSYCH!! The Fed’s Great Unwind Isn’t Happening Quite Yet (SOMA Declined 0.17% For Week Ending October 25, 2017

Fed Chair Janet Yellen previously announced that the unwind of their balance sheet of over $4 trillion would begin October 1st.
PSYCH!!
As of 10/25/17, the Fed’s balance sheet ‘unwound’ by 0.17%. Or 7.38 billion. Hardly an unwind.

This post was published at Wall Street Examiner by Anthony B Sanders ‘ October 27, 2017.

 

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