Fed Vice Chairman Jefferson: quantitative tightening by the FOMC can continue to advance in an orderly fashion
Fed Vice Chair Jefferson said that quantitative tightening (QT) at the FOMC can continue to be advanced in an orderly fashion. A rate close to adequate reserves would not affect the ultimate size of the Fed's balance sheet, and the hope is to approach adequate reserves in an orderly fashion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Market Chatter: BHP, Port Hedland Workers' Unions End Talks Without Deal
Ecocare Indo Pasifik to hold annual public expose via electronic format
Morgan Stanley Downgrades Customers Bancorp to Underweight From Equalweight, Adjusts PT to $89 From $88
Zenas BioPharma files Form 3 showing InnoCare Pharma stake of 7 million shares