Federal Reserve Vice Chairman Jefferson said that the FOMC's quantitative tightening (QT) can continue in an orderly manner, according to Golden Finance. Interest rates close to adequate reserves will not affect the final size of the Fed's balance sheet, and it is hoped that sufficient reserves will be approached in an orderly manner.
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Federal Reserve Vice Chairman Jefferson said that the FOMC's quantitative tightening (QT) can continue in an orderly manner, according to Golden Finance. Interest rates close to adequate reserves will not affect the final size of the Fed's balance sheet, and it is hoped that sufficient reserves will be approached in an orderly manner.