Shrinking the Federal Reserve's $6.6 trillion balance sheet will be a lengthy, complex process requiring structural reforms, not quick policy shifts. A new paper suggests a multi-year roadmap involving temporary operations, regulatory adjustments, interest ra…
The US Federal Reserves effort to significantly shrink its $6.6 trillion balance sheet may prove to be a long and complex undertaking, potentially extending beyond a single four-year term for incomin… [+3108 chars]
