Fed Vice Chairman: The Fed is still prepared to use all policy tools, and the balance sheet will be reduced in an orderly manner.

[Chain News] PANews, September 30 - Fed Vice Chairman Jefferson: In the recent Consensus statement, reiterated that the policy tool is the federal funds interest rate. Given the recent history, the probability of hitting the effective lower bound has decreased. The Fed remains ready to use all tools at any time to fulfill its mission. The size of the balance sheet is a matter of differing views among Fed members. The balance sheet continues to shrink in an orderly manner. The final level for sufficient reserves is a decision made jointly by all members of the Fed's Open Market Committee.

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DEXRobinHoodvip
· 6h ago
Just shrink to the limit.
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