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.
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.
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