reduction

According to reports, Federal Reserve Chairman Powell: We are continuing to significantly reduce our balance sheet. Interpretation of this information: The message states that Jerome Powell, the Chairman of the Federal Reserve, has announced that they are continuing to significantly reduce their balance sheet. The Federal Reserve balance sheet is an important tool that is used to influence the economy. The balance sheet is a record of the assets, liabilities, and equity held by the Federal Reserve. It is an important tool because it shows how much money the government…