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The Fed's balance sheet reduction plan faces resistance, and the progress will unfold slowly
By: rootdata|2026/03/03 15:43:43
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According to Jinshi News, Kevin Walsh's plan to reduce the Federal Reserve's balance sheet will only progress slowly. Walsh pointed out that the Federal Reserve's nearly $7 trillion balance sheet has overstepped into the realm of congressional authority and believes that large-scale bond purchases have distorted financial markets.
Informed sources revealed that Walsh will only begin to adjust the balance sheet after consulting with banks and the public, and it is unlikely that the scale will be restored to pre-2008 financial crisis levels.
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