Weekly Update on USD Liquidity -

5.882390 Trillion on 15 Feb 2023, almost not changed from last week as Fed withdraws $50b liquidity, Banks injected $50b and Treasury spent $3b.

CPI last night is a noise. As debt ceiling hitting on the way, the Treasury is likely going to spend all $500 billion of the TGA into the US economy, adding liquidity to the system and lifting risk asset prices.

😂