US | On Principles:Fed does about-face on operational framework and balance sheet strategy
Published on Tuesday, March 5, 2019 | Updated on Wednesday, March 6, 2019
US | On Principles:Fed does about-face on operational framework and balance sheet strategy
Summary
Tweaks to Fed balance sheet strategy and operational framework. Fed to reach terminal balance level in 2019. New principled approach not without risks.
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- Central Banks
- Macroeconomic Analysis
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Authors
Nathaniel Karp
Boyd Nash-Stacey