Exclusive-Three Fed governors tell US senator there is room to reduce balance sheet
The three newest Federal Reserve governors, including Vice Chair Philip Jefferson, have told a U.S. senator it's unclear how much further the central bank's balance sheet wind-down process will run, but said it is likely the process faces no imminent end. "The size of our balance sheet ultimately…
#federalreserve #philipjefferson #rickscott #scott #lisacook #adrianakugler #jefferson #treasuries #jeromepowell #clevelandfed