The Fed is preparing to slash its balance sheet by $95 billion a month. Here’s why investors are scared about ‘quantitative tightening.’

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After years of quantitative easing from central banks, quantitative tightening is the new watchword.Minutes released Wednesday showed that the Fed intends to slash its balance sheet by a maximum of $95 billion a month.”QT” has never been tried before on this scale, and it’s scaring investors.Even the Fed is uncertain […]

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