How Fed Fights Next Downturn Hangs on Smooth Balance-Sheet Exit

Bloomberg How Fed Fights Next Downturn Hangs on Smooth Balance-Sheet Exit Bloomberg Federal Reserve officials intend to start the delicate task of drawing down their $4.5 trillion balance sheet as early as this year. Goal No. 1 will be to get the ball rolling without making a mess of markets in everything from U.S. mortgages to ... and more »...(read more)

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