Strains in Short-Term Markets Raise Urgency of Fed’s Balance Sheet Debate
短期市场的紧张局势加剧了对美联储资产负债表辩论的紧迫性
Jerome H. Powell, the Federal Reserve chair, recently sent his strongest signal yet that the central bank would soon end its balance sheet reduction program, known as quantitative tightening.
2025-10-27 919词 中等
The Fed has gradually reduced holdings of Treasuries and mortgage-backed securities it bought during previous periods of stress, when it aimed to tamp down interest rates and support financial markets and the economy.
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