American BankerOpinion

Before shrinking the Fed's balance sheet, Warsh has other work to do

An immediate effort to unload some of the central bank's assets could do more harm than good. Fed chair nominee Kevin Warsh ...

Long US Treasury yields to rise later in year; supply to postpone Fed balance sheet reduction: Reuters poll

By Sarupya Ganguly BENGALURU, Feb 12 (Reuters) - Long-dated U.S. Treasury yields will hold steady in the near term but rise ...
Opinion

Kevin Warsh Says The Federal Reserve Lost Its Way. He Might Be Right.

Kevin Warsh argues the Federal Reserve has strayed from its mission as fiscal and monetary policy blur, calling for a smaller balance sheet and renewed Fed independence.
Opinion

Warsh’s war on the Fed balance sheet

None of this is to deny that a large central bank balance sheet carries costs. It facilitates government financing in ways that risk fiscal dominance and distorts the functioning of financial markets.

Bessent says Fed will take its time on balance sheet moves

Treasury Secretary Scott Bessent said on Sunday he would not expect the Federal Reserve to move quickly to shrink its balance ...

Kevin Warsh will struggle to shrink Fed’s balance sheet

Warsh’s resolve has strengthened since and he has regularly cited QE as the defining feature of his critique of the Fed, its ...

Fed Balance Sheet Unwinding

Back in ye olde days (pre-2008 in the United States), central bankers had not gone nuts with QE and so reserve balances were ...

Wall Street expects Warsh to live with the Fed’s ‘bloated’ balance sheet

Kevin Warsh, President Trump’s pick as the next chair of the Federal Reserve, has long expressed a desire to shrink what he ...

What Warsh’s Crisis-Era Fed Days Say About His Approach

Warsh’s repeated focus on the issue could shape the Fed’s policy approach going forward, wrote Wells Fargo Chief Economist Tom Porcelli. Powell has been known for “insurance cuts” — lowering rates ...

Miran Says Fed Policymakers Should Use Balance Sheet in Crisis

Federal Reserve Governor Stephen Miran said the central bank’s balance sheet needs to be smaller, but that shouldn’t preclude policymakers from opting for large-scale asset purchases during an ...

Bessent says Fed unlikely to rush balance sheet changes under Warsh

Treasury Sec. Bessent says the Fed won’t quickly shrink its balance sheet even if Kevin Warsh becomes chair, signaling policy ...
MarketWatch

Morgan Stanley sees no change in Fed's balance-sheet policy on Wednesday

With traders pricing in a 100% certainty of a Federal Reserve interest-rate cut this week, there has also been some attention on whether the central bank will need to soon end the process of shrinking ...