FED resumes QE by another name. Metals scream higher. AIA Weekly Update 12.13.25

The FED cut rates this week and also announced it will be buying $40 billion per month in T-Bills, but only for a few months to maintain "market liquidity".

Metals rallied hard and seem to be sniffing out the new QE. The Fed just ended QT and is now resuming QE. Recall the Treasury needs to roll billions in US debt next year.