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The Fed’s "Controlled Demolition" of The Financial System | Danielle DiMartino Booth
Forward Guidance
Powell's Statement on the Balance Sheet Runoff
The New York Fed came out with a study in April that said that they planned on the balance sheet being at $6 trillion by the end of 2025 before stopping and taking a break, taking a breather. If he gets interest rates up and keeps interest rates up, and that's all he does, just keep him high, then he can continue to shrink the balance sheet,. It's clear that the press corps was gagged again at this most recent press conference. The statement was unequivocal in stating that the balance sheet runoff would continue period and nobody asked about it.
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