Fed minutes hint at coming QE

ZeroHedge/Tyler Durden

Graphic image of 'QE4?' in red“In their discussion of policy tools, participants noted that the experience acquired by the Committee with the use of forward guidance and asset purchases has led to an improved understanding of how these tools operate; as a result, the Committee could proceed more confidently and preemptively in using these tools in the future if economic circumstances warranted.” (FOMC minutes, July 30-31, 2019)

USAGOLD note: “In other words,” writes Durden, “Trump should keep up his high-pressure campaign on Powell: it appears to be working.”

Repost from 8-21-2019

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