Slowing its balance-sheet runoff means the Fed will buy more Treasuries. But don’t look for any big downdraft in yields.
Financial markets are not just focused on what the Federal Reserve says about the future path of interest rates on Wednesday.
Federal Reserve Governor Christopher Waller on Friday said he opposed the U.S. central bank's decision this week to slow the ...
The Fed kept rates steady, gave Treasury runoff plans, and warns of economic uncertainty. Chair Powell emphasized potential ...
Greenwood, Robin, Samuel Gregory Hanson, and Jeremy C. Stein. "The Federal Reserve's Balance Sheet as a Financial-Stability Tool." Jackson Hole Economic Symposium Conference Proceedings (Federal ...