đ„The Fed just began injecting liquidityâand hardly anyone is paying attentionâ
Today, they bought $20.4B in 3-year notesânot part of a routine auction, but a direct injection.
Itâs the largest one-day purchase since 2021.
Why? They canât cut ratesâit would look like panic.
They canât print openlyâit would damage credibility.
So instead, theyâre quietly adding liquidity from the sidelines.
This marks the beginning of the ignition phase. Markets will react.
#FederalReserve #LiquidityInjection #MarketSignals #FOMCMeeting #MonetaryPolicy