Tag Archives: quantitative tightening

Despite what many believed would happen, the Federal Reserve has taken its first real step toward unwinding its balance sheet. Are they rebuilding their reputation, or preparing for the next crash?

Next Wednesday, the Fed will likely press forward to raise rates and cut its balance sheet. But, assuming it makes this move, it will be the first time in 80 years it has pursued this kind of policy amidst such tumultuous economic conditions.