4min chapter

Forward Guidance cover image

There Are No Doves Left At The Federal Reserve | Nick Timiraos

Forward Guidance

CHAPTER

The Federal Reserve's Balance Sheet Is Shrinking

The Federal Reserve's balance sheet is shrinking with billions of treasuries and mortgage back securities rolling off. They see it as a secondary tool, you know, Charlie Evans again, he gave, he made this comment somewhere recently. The only, I think, live issue out there in the future for the balance sheet is that they haven't really answered on MBS sales.

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