The Federal Reserve Is Beginning to Unwind Its Eight Point Ninety Thousand Dollar Balance Sheet

The federal reserve is beginning to unwind its eight point nine trillion dollar balance sheet by becoming a seller of government bonds, not a buyer any more. That starts this month with about 60 billion dollars in treasury sales planned. J p an ceo, jme diamond says his bank is preparing for a hurricane of volatility. Behind that hurricane is a massive wave of global debt, about 305 trillion dollars worth as of the first quarter of 20 22.