Apple AI Plans, EU Elections
Bloomberg Intelligence
Debate over the Fed's Balance Sheet Implementation
This chapter delves into the debate on whether the responsibility of managing the Fed's balance sheet should remain in New York or shift to Dallas, citing the experience and trust in key individuals in the Dallas Fed like Lori Logan. It explores the need for operational expertise over academic background in leading the New York Fed's management of the Fed's securities portfolio and discusses potential candidates for the role.
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