๐ Gate.io #Launchpad# for Puffverse (PFVS) is Live!
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โฐ Commitment Time: 03:00 AM, May 13th - 12:00 PM, May 16th (UTC)
๐ฐ Total Allocation: 10,000,000 #PFVS#
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๐ According to The Kobeissi Letter, the Fedโs balance sheet shrank by another $17B last month, dropping to $6.7T โ the lowest level since April 2020.
๐ Since April 2022, the Fed has reduced its balance sheet by $2.3T (about 25%), nearly 48% of the post-COVID expansion.
โณ In March, the pace of QT slowed from $60B to $40B per month, signaling a more cautious approach.
#Fed # QT #Macro # Bonds