Jack Farley welcomes former senior trader for the Fed, Joseph Wang (“Fed Guy”) for a new show devoted to all things central banking. The two analyze the most recent FOMC meeting, after which Fed Chair Powell on January 26, indicated that the strong labor market and high inflation prints were leading the Fed’s FOMC members to contemplate removing monetary accommodation with more speed and vigor than previously anticipated. Wang and Farley discuss the spike in Fed Funds Futures, quantitative tightening (QT’s) impact on the market, as well as the striking request of China’s leader, Xi Jinping, that the Federal Reserve not raise rates. Joseph Wang’s writings can be found at: https://fedguy.com/ Joseph Wang’s Twitter: @FedGuy12 Jack Farley’s Twitter: @JackFarley96 Blockworks Twitter: @Blockworks_