If the Federal Reserve wants to shrink its massive balance sheet—as President Trump’s nominee to be the next Fed Chair, Kevin Warsh, advocates—it must find ways to reduce the demand by banks for reserve deposits at the Fed or risk severe disruptions to money …
If the Federal Reserve wants to shrink its massive balance sheetas President Trumps nominee to be the next Fed Chair, Kevin Warsh, advocatesit must find ways to reduce the demand by banks for reserv… [+4199 chars]
