BNY's Vincent Reinhart: ‘Powell is trying to get away from a problem by ending balance sheet runoff’

Joining us this morning, BNY Investments chief economist, former Fed economist Vincent Reinhardt. Vincent, appreciate your time today as always. Good to see you.>> Uh, same here, Carl. >> Hey, you know what kind of got lost, I think, uh, in the flood of news this week was were Pal's remarks about liquidity conditions gradually tightening, sort of painting a picture of the end of the era of QT. How relevant is all of this right now given the ongoing discussion about policy.Uh so the chair was very explicit i ...