How the Fed Is Reducing Its Balance Sheet--and Why

Laura J. Hopper

Open Vault from Federal Reserve Bank of St. Louis

Abstract: To encourage economic recovery, the Fed purchased large amounts of securities. Now it's taking steps to unwind a balance sheet that hit $4.5 trillion in 2017.

Date: 2018-07-10
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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00100:102485

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