Official warns Fed balance sheet shrinking will be rapid
The Federal Reserve will begin a “rapid” reduction of its $9trn balance sheet as soon as next month, according to Lael Brainard
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The Federal Reserve will begin a “rapid” reduction of its $9trn balance sheet as soon as next month, according to Lael Brainard
US stocks fell on Tuesday after Federal Reserve Governor Lael Brainard said the central bank could take a more aggressive approach to its tightening policy in the future, and investor concern that a hawkish Fed stance could hamper economic growth.
CANBERA (dpa-AFX) - The U.S. dollar drifted higher against its most major counterparts in the Asian session on Wednesday, following comments from Federal Reserve Governor Lael Brainard indicating
NEW YORK, April 5 (Xinhua)-- U.S. stocks pulled back on Tuesday as investors bet on aggressive policy tightening from the Federal Reserve to tame inflation. The
Gold prices steadied Wednesday as global stock markets fell hard again after Fed governor Brainard said rates need to rise faster and QE needs to be reversed harder than markets expect to fight inflation