REUTERS/Joshua Roberts Federal Reserve officials arepretty proud of their plan to reduce their balance sheet following a sharp expansion during and after the Great Recession. Policymakers are especially excited they were able to announce the plan's contours without having markets totally freak out, like they did in 2013 when then-Chairman Ben Bernanke gave the first hint that the Fed would be ceasing its bond-buying program. Bond yields spiked sharply higher at the time in an event that became k...
The Fed's plan to shrink its $4.5 trillion balance sheet leaves open 2 crucial issues
Business Insider - 16 Jul 2017 15:38
REUTERS/Joshua Roberts Federal Reserve officials arepretty proud of their plan to reduce their balance sheet following a sharp expansion during and after the Great Recession. Policymakers are especially excited they were able to announce the plan's contours without having markets totally freak out, like they did in 2013 when then-Chairman Ben Bernanke gave the first hint that the Fed would be ceasing its bond-buying program. Bond yields spiked sharply higher at the time in an event that became k...
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