FOMC Minutes: Continued Talk of Balance Sheet Strategy
The FOMC minutes continue the emphasis on the balance sheet. They've started raising the Fed Funds target, how far can they get on the balance sheet?
The FOMC minutes continue the emphasis on the balance sheet. They've started raising the Fed Funds target, how far can they get on the balance sheet?
Richmond Fed President Lacker says he was source of the 2012 Medley leak and announces his immediate resignation.
The Fed's 2017 narrative is balance sheet adjustment. But how far can they get without a market protest?
Monetary policy has become unhinged since the most recent financial crisis and the Fed’s balance sheet has exploded to unprecedented levels.
Frank Shostak offers another explanation for the volatility we're seeing in Treasury deposits at the Fed.