Erik Townsend and Patrick Ceresna welcome Joseph Wang to MacroVoices. Erik and Joseph discuss:
- This week’s FOMC meeting
- Is it time for Volcker style aggressive hiking cycle?
- What options are available to the Fed?
- QT cycle – takeaways from the past and what to expect moving forward
- Weakness in equity markets
- Will the Fed stay on course this time?
- Mortgage-backed securities
Download the podcast transcript: [Click Here]
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Joseph is a former a senior trader on the Federal Reserve's Open Markets Desk, where he executed open market operations and studied the mechanics of the dollar financial system. He is the author of Central Banking 101 and proprietor of fedguy.com, a site that provides educational resources and market commentary on financial plumbing. Joseph holds degrees in both law and finance and has over a decade of experience spanning regulation, capital markets, and monetary policy.