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The Fed has been shrinking its pile of securities and Treasurys, but it still needs them to keep the economy’s plumbing in ...
WASHINGTON, June 14 (Reuters) - Federal Reserve Chairman Jerome Powell said on Wednesday that financial conditions are likely to allow the central bank to press forward with the drawdown of its ...
NEW YORK (Reuters) -The Federal Reserve’s effort to shrink the size of its balance sheet is moving into a more uncertain phase as a key proxy of excess liquidity has been very nearly extinguished.
Federal Reserve Vice Chair for Supervision Michelle Bowman said the US central bank should seek to achieve the smallest balance sheet possible and overhaul its regime for implementing monetary policy.
Some Wall Street analysts now believe the Federal Reserve will pull the plug on its long-running effort to shrink its balance sheet at the end of the month. These central bank watchers believe the ...