Decisions about when and how soon to begin winding down their $8.9 trillion balance sheet are pending, policymakers say, but a decision is expected soon. On that subject, Powell echoed a comment from last week’s press conference, saying that action to reduce the balance sheet “could come as soon as our next meeting in May, although that’s not a decision we’ve made.”
This post Powell Says Fed Is Ready To Raise Rates More Quickly If Needed was original published at “https://www.bloombergquint.com/global-economics/powell-says-fed-ready-to-hike-faster-go-restrictive-if-needed”
