John Williams stated the Fed’s recent bond buying is purely for reserve management and not quantitative easing, according to Jin10’s Dec. 19 report via Odaily.
On December 19, John Williams of the Federal Reserve clarified that current bond purchases are a technical measure to manage reserves rather than a form of quantitative easing. Reported by Jin10 via Odaily, he emphasized that these asset acquisitions aim to meet bank reserve needs and are not intended as monetary stimulus.