Fed’s Hoenig: Fed Should Allow Balance Sheet to Shrink Gradually

Thomas Hoenig, the president of the Kansas City Federal Reserve Bank told CNBC on Tuesday that the Federal Reserve should allow balance sheet to shrink gradually. Hoenig also said the Central bank should discontinue reinvesting rolloffs.

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.