A. If we hear directly from someone who has dealt with a central bank, we report it as fact. If we get it second hand (banks gossip a lot, especially the handful of very big banks who provide liquidity to the rest of the market), we report it as rumor or “talk”. Anyone who has spent any period of time on the site can attest that the information is pretty solid…
Central banks have all different motives. Some are strictly shuffling reserves. Some are looking for “alpha”. Some are like most of us. They book profits too quickly and hang on to losing trades too long. Those losers end up in the reserve account…It’s good to be the central bank!
