The Federal Reserve is aboutto make a momentous decision that should not be taken lightly. The central bank is widely expected to announce the start of a reduction in its $4.4 trillion balance sheet at the conclusion of its meeting on September 20. It's a move the Fed hopes will go smoothly, but which has the potential to rattle financial markets long accustomed to the Fed’s monetary largesse. The Fed bought large quantities of Treasury and mortgage bonds during the Great Recession and financi...
The Federal Reserve is aboutto make a momentous decision that should not be taken lightly. The central bank is widely expected to announce the start of a reduction in its $4.4 trillion balance sheet at the conclusion of its meeting on September 20. It's a move the Fed hopes will go smoothly, but which has the potential to rattle financial markets long accustomed to the Fed’s monetary largesse. The Fed bought large quantities of Treasury and mortgage bonds during the Great Recession and financi...
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