January 9, 2026

Screenshot

This image is from a MacroWatch video analyzing the Federal Reserve’s latest monetary policy initiative, described as “QE by another name.” The video explains how the Fed’s new program effectively restarts quantitative easing through ongoing reserve management purchases, signaling a return to permanent balance sheet expansion. It builds on themes from the MacroWatch video “QE Again and Forever,” examining the long-term implications for liquidity, asset prices, inflation, and financial stability.