How to Understand the Fed Balance Sheet
This article was originally published on ETFTrends.com.
By Alex Dryden via Iris.xyz In brief The U.S. Federal Reserve (the Fed) has called a halt to the balance sheet reduction program earlier, and at a higher terminal level, than investors first anticipated. Bond purchases grew the assets of the balance sheet; however, it is liabilities that are constraining the Fed’s normalization plan. Going [...]