Reported 1 day ago
Federal Reserve Governor Christopher Waller indicated that the central bank can sustain its balance sheet drawdown further, estimating a potential target size of $5.8 trillion while reducing reserves to $2.7 trillion. He emphasized the need for caution amidst potential inflation increases associated with tariffs but remains open to considering interest rate cuts in the upcoming central bank meeting. Waller's remarks came following the release of the Fed's policy meeting minutes, reflecting ongoing discussions about the economy and monetary policy.
Source: YAHOO