STIP - More Fed Money Printing In The Near Future Would Have No Positive Effect On The Real Economy
Federal Reserve Chairman Jerome Powell and other Fed officials are monitoring the implications of the trade war and "will act as appropriate to sustain the [economic] expansion." Powell even seems warm to the idea of bringing back quantitative easing (aka "QE") and removing the "unconventional" stigma from it in order to make it a more or less permanent tool of monetary policy.
What is QE, you ask? It's an expansion of the central bank's balance sheet through the open market purchases of certain debt assets (mainly Treasuries). Where does the money come from