Federal Reserve Fire Sale $9 Trillion Over 3 Years
Plans for Reducing the Size of the Federal Reserve’s Balance Sheet – Federal Reserve The U.S. Federal Reserve Bank plans to add to the fire-sale of securities taking place with extreme liquidations. Effects of balance-sheet reduction are ‘very uncertain,’ Chairman Powell says, which should concern all retirees, investors, savers, or even debtors with variable interest rate debts such as credit cards, student loans, and equity lines. The Federal Reserve plans to shrink its $9 trillion …