• Atlanta Fed's Bostic Defends Central Bank's Approach to Winding Down Balance Sheet

Market news

7 January 2019

Atlanta Fed's Bostic Defends Central Bank's Approach to Winding Down Balance Sheet

  • Wind Down Mechanical by Design to Avoid Creating Uncertainty

  • Steady Nature of Reductions Keeps Policy Focus on Fed Funds Rate

  • Policy Path Not 'Set in Stone', Can Be Adjusted For Unexpected

  • Acknowledges Recent Discussion of Balance Sheet Policy; Doesn't Mention Trump Administration

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