FOMC (Federal Open Market Committee) chair Janet Yellen laid out their plans for the reduction in the balance sheet. We spoke of this earlier here in this post.
Here is an updated graph from the Federal Reserve
We will discuss in great detail soon the interesting, slow tightening compared to all the historical adjustments that have been made before. This time it really is different, at least now, notably slower!
Today is the last day of the quarter, which means a monthly review and our Quarterly Newsletter coming soon … both with Podcast Videos now !!
Have a Great Day!
John A. Kvale CFA, CFP