Fed’s Secret Plan: Liquidity Lifeboat or Market Mirage? š
In a friendly chat with the Financial Times, Boston Fed President Susan Collins noted the central bank āwould absolutely be preparedā to bail out the stampeding markets if things got out of hand. For now, she sees no sign of thirst, but if the well does run dry, those cunning tools will be unleashed faster than a cat pouncing on a mouse. š¼