Powell Says Fed 'Passively' Shrinking $8.4 Trillion Balance Sheet

Feb 7, 2023 21:52 · 20.4k Views

Federal Reserve Chair Jerome Powell says the central bank in the process of "passively" shrinking it's $8.4 Trillion balance sheet, an operation that he expects to take a "couple of years" during a question-and-answer session with David Rubenstein at the Economic Club of Washington.

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