Central Banks Get Scared: Forget About Promises to Reduce Balance Sheets | Mises Institute

After two years of a lot of aggressive-sounding talk about reducing the Fed’s balance sheet and raising the target interest rate, the Fed in recent weeks has reversed  itself, and declared that now’s a time to take things more slowly. At the January FOMC meeting, officials:
— Read on mises.org/power-market/central-banks-get-scared-forget-about-promises-reduce-balance-sheets

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