April 19, 2017
Fed’s Rosengren Wants to Shrink Balance Sheet So Slowly that Rate Hikes Can Continue at Same Time
MarketWatch, April 19, 2017. All Rights Reserved.
The Federal Reserve should start shrinking its balance sheet relatively soon but do it so slowly that it doesn’t disturb the central bank’s plans to continue to gradually raise short-term interest rates, said Boston Fed President Eric Rosengren on Wednesday….