Journal Article
The Mechanics of Fed Balance Sheet Normalization
Estenssoro, Amalia; Kliesen, Kevin L. (2023-08-23)
As the Fed continues to normalize its balance sheet, lessons from past tightening episodes and projections of possible futures may help achieve the optimal amount of reserves in the banking system and avoid undo financial stress.
Economic Synopses , Issue 18 , Pages 3 pages