Kaplan Endorses the Balance Sheet Plan
Fed's Kaplan: Fed can start shrinking the $4.5 trillion balance sheet this year.
Fed's Kaplan: Fed can start shrinking the $4.5 trillion balance sheet this year.
Whether the original source of the Medley leak is found, the episode shows more transparency is needed at the Fed.
At a recent public discussion, Yellen continued to claim she intends to end stimulative monetary policy.