Gold News reported that Harker of the Federal Reserve stated that the Federal Reserve should adjust its balance sheet to consist entirely or primarily of treasury bonds, expecting bank reserves to shrink rapidly, but the endpoint of balance sheet reduction still lacks clarity.
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Fed Harker: Bank reserves are expected to shrink rapidly
Gold News reported that Harker of the Federal Reserve stated that the Federal Reserve should adjust its balance sheet to consist entirely or primarily of treasury bonds, expecting bank reserves to shrink rapidly, but the endpoint of balance sheet reduction still lacks clarity.