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Nick Timiraos @NickTimiraos on x 424.8K followers
Created: 2025-07-23 14:31:45 UTC
Economists at Deutsche Bank did back of the envelope math: Attempting to remove Powell as Fed chair might send short-term rates a bit lower but long-term rates a bit higher.
The net savings would be a mere $12-15 billion through 2027 even if Treasury implemented an activist issuance scheme to delayed coupon increases to skew more issuance towards bills.
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Related Topics savings longterm rates fed chair fed powell federal reserve $db