Fed Monetary Policy Forum and Uber Buyback Plan

Fed Takes Stock of QT

Quantitative tightening (QT) comes under scrutiny at the recent monetary policy forum, shedding light on its effects and implications. Forbes emphasizes that QT has been working as intended, providing some support for tightening financial conditions without disrupting markets. Unlike quantitative easing, QT has minimal impact on long-dated bond yields, signaling its feasibility. This revelation may give central banks more confidence to unwind asset purchases in the future.

A Reply to Uber’s Dara Khosrowshahi

Uber's CEO replies to critics' disapproval of the buyback plan, justifying the company's approach citing operational constraints and stock valuation challenges. The lack of transparent criteria for buybacks raises questions about their effectiveness and potential impacts. The response prompts a debate on the valuation-based approach versus consistent buybacks.