Fed Focuses on Repo Market Exit Strategy After Avoiding Year-End Crunch

Mon, January 06, 2020

The New York Times

Another challenge for Fed officials: Deciding just how big the central bank's balance sheet, which is currently about $4 trillion, should be.

"There are people at the Fed who have a preference for the smallest possible balance sheet, and we just don't know how much their views have evolved," said Lou Crandall, chief economist at Wrightson ICAP, a research firm.