DiMartino Booth: The Trade War Payback is Coming Now
In the interview, DiMartino Booth shared her thoughts on the Fed’s Reverse Repurchasing facilities, which provide fast liquidity, meaning on an overnight basis, to money market funds.
Danielle DiMartino Booth, CEO and chief strategist at Quill Intelligence and former U.S. Dallas Federal Reserve advisor
key takeaways
- DiMartino Booth talks about the need for the Fed Reverse Repo facility
- Inflationary pressures are going to continue in some sectors as supply chain issues and bottlenecks persist
Danielle DiMartino Booth, CEO and chief strategist at Quill Intelligence and former U.S. Dallas Federal Reserve advisor, sat down with Blockworks at the Bretton Woods: The Realignment conference to discuss monetary policy and inflation.
In the interview, DiMartino Booth shared her thoughts on the Fed’s Reverse Repurchasing facilities, which provide fast liquidity, meaning on an overnight basis, to money market funds.
“What the Fed Reserve’s facility is doing is it’s giving them some form of income, even if it’s just one or two basis points, that’s better than the short-rate fund going negative, which would imply that the Fed has lost control of the short-rate market,” she said.
DiMartino Booth also discussed inflation, which she sees as likely peristiant in some areas of the market due to supply chain and bottleneck issues.
Watch the full interview with DiMartino Booth below.
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