Sasa

Dollar liquidity from the Fed and US Treasury could offset disappointment over the pace of Trump's pro-crypto and pro-business policies in the first quarter of 2025. Quantitative tightening at $60 billion per month removes about $180 billion from January to March, while the Reverse Repo Facility's drop from about $237 billion to near zero adds $237 billion, a net injection of $57 billion. If Congress delays raising the debt ceiling, the Treasury could spend down its $722 billion general account at the Fed, with exhaustion estimated between May and June.