156. FX 101, Operation Twist and Yale’s Selling Their ENTIRE $6bn PE Portfolio
Send us a text In this episode of The Wall Street Skinny, we explore the escalating tension between former President Trump and Fed Chair Jerome Powell, how markets reacted, and what it reveals about the importance of central bank independence. Jen also breaks down "Operation Twist"—a lesser-known but powerful Fed tool—and explains how it differs from traditional rate cuts or quantitative easing. Next, we turn to the U.S. dollar, which recently hit a three-year low. Why does a falling dollar ...