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

Forward Guidance

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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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