Slow Pace of Balance Sheet Reduction Calls Into Question Fed’s Commitment to Inflation Fight

Most people have focused on Federal Reserve interest rate cuts as it battles price inflation. But there is another element in the inflation fight most people ignore – balance sheet reduction. It isn’t going well. The December FOMC statement mentioned balance sheet reduction in passing. The Committee will continue reducing its holdings of Treasury securities […]

The post Slow Pace of Balance Sheet Reduction Calls Into Question Fed’s Commitment to Inflation Fight first appeared on SchiffGold.