The Federal Reserve’s almost $9 trillion asset portfolio is set to be reduced starting on Wednesday, in a process intended to supplement rate hikes and buttress the central bank’s fight against ...
In its most recent policy meeting in March, the US Federal Reserve hinted at plans to shrink its balance sheet at a rapid pace of $95 billion per month, its latest attempt to tame red-hot inflation in ...
“When I use a word,” Humpty Dumpty said, in rather a scornful tone, “it means just what I choose it to mean—neither more nor less.” Federal Reserve Chairman Jerome Powell is unlikely to respond to his ...