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Conditions still support ongoing reductions in the Federal Reserve's balance sheet, Cleveland Fed President Beth Hammack said ...
She pointed to potential costs when the central bank lets its reserves stay too large.
Federal Reserve Bank of Cleveland President Beth Hammack said slowing the pace of the US central bank’s balance-sheet reduction may allow officials to continue the runoff for longer, while emphasizing ...
An often overlooked segment of the Federal Reserve’s balance sheets has been growing and could boost the Fed’s ability to ...