The US Federal Reserve is taking substantive measures to normalize its monetary policy in a retreat from its highly accommodative response to the 2007–2009 Great Recession. This change of direction requires the Fed to take a series of steps, including shrinking its more than $4 trillion balance sheet. Central bankers Jane Ihrig, Larry Mize and Gretchen C. Weinbach explain how the Fed will reduce its assets. getAbstract suggests this illuminating but highly technical report to finance professionals, accountants and investors intrigued by the complex machinations of Fed policy.
About the Authors
Jane Ihrig, Larry Mize and Gretchen C. Weinbach are professionals with the Federal Reserve Board Divisions of Monetary Affairs and Reserve Bank Operations & Payment Systems.
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1 year agoa good idea is to stop pulling retired feds out of retirement! It severely messes with the classified crap...lol dumbdumbs that would help save on national security...smh