Swiss Economicblogs.org
Summary: Several regional Fed presidents want to begin talking about shrinking Fed’s balance sheet. Leadership does not appear to have great urgency, so don’t expect anything in this week’s statement. First step more hikes, then refrain from reinvesting payments and maturities, but slowly. The Federal Reserve meets this week, but there is, for all practical purposes, no chance that a rate hike is delivered....
Read More »Thoughts about the Fed’s Balance Sheet
