Jerome Powell “Stopping Quantitative Tightening, Still Premature… Ready To Supply Dollar Liquidity”

Powell Fed Chair Yet To Decide On Liquidity Expansion (Source: Federal Reserve)

Jerome Powell, Chair Of The United States Federal Reserve (Fed), Made It Clear That He Will Continue The Quantitative Tightening (QT) Policy For The Time Being. He Emphasized, "There Is Currently A Sufficient Reserve, And I Do Not Believe The Point Of QT Suspension Is Near."

Chair Powell Added, "The Fed Is Ready To Supply Dollar Liquidity To Overseas Markets If Necessary," Indicating That The Fed Can Flexibly Respond To Global Market Stability.

These Remarks Came Amid Recent Global Economic Uncertainty And Increasing Volatility In The U.S. Bond Market, Reconfirming The Fed's Intention To Maintain Its Current Stance Rather Than Ending The Tightening Early.