Free Trial

Powell suggests that balance sheet expansion....>

FED
FED: Powell suggests that balance sheet expansion will go on for "some years"...
in response to question of when Fed will begin shrinking its balance sheet:
- "When the time comes and the crisis is over, and we're not purchasing assets
at this kind of pace - and that'll be some time out - we'll freeze the size of
the balance sheet, and it shrinks as a percentage of the economy. That's some
years away but that's probably the way we would start."

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.