Bank Nerd Corner welcomes Adam Mustafa, president and CEO of Invictus Analytics. 

Adam sets the stage for what’s been going on with the Federal Open Market Committee this year, including how President Donald Trump is changing the board’s dynamics, and how that has played out in two big meetings this fall. Kiah and Adam then talk about the two recent interest rate decisions before spending the bulk of the episode dissecting the news that the FOMC will end quantitative tightening after December. 

What does this mean for banks? Adam explains the mechanics of quantitative easing and tightening and highlights some interesting items that happened at the end of October. Finally, they discuss the uncertainty that the Fed’s balance sheet could cause for bank liquidity and deposit competition going forward.

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Follow Kiah:

LinkedIn: https://www.linkedin.com/in/khaslett/

Twitter: https://twitter.com/khaslett

Follow Dan: https://www.linkedin.com/in/adammustafa/