Bitcoin and the Liquidity Question: More Complex Than It Seems

On March 15, 2020, the U.S. Federal Reserve slashed its benchmark interest rate by 100 basis points to almost zero and committed to boosting its bond holdings by at least $700 billion. The global economy staggered and then limped, but markets soared. It also unleashed a wave of armchair virologists on Twitter to keep us up to date with every minutia of the COVID threat.

• 2023-03-22
• government bonds Federal Reserve money market funds monetary tightening liquid assets Twitter quantitative easing

Crypto Twitter Thinks the Fed's $297B Balance Sheet Expansion Is 'QE', But It's Not

According to some observers, the latest expansion in the Fed's balance sheet is not outrightly stimulative like the one seen following the coronavirus-induced crash of 2020.

• 2023-03-17
• balance sheet quantitative easing U.S. Federal Reserve Silicon Valley Bank mortgage-backed securities