Economy
Thursday, 7/16, 10:31 AM
How the Fed Plans to Shrink Its $6.7 Trillion Balance Sheet
- The Federal Reserve's balance sheet ballooned to about $9 trillion during the pandemic and now sits near $6.7 trillion.
- Shrinking it further is a delicate job: pull too much cash out of the banking system and markets seize up, as they did once before.
- Here is what the balance sheet is, and why the Fed is moving carefully.