The Federal Reserve should keep shrinking its balance sheet, albeit slowly, through a period of fiscal uncertainty, Cleveland Fed President Beth Hammack said in a recent interview with Reuters.

NEW YORK—Beth Hammack, president of the Federal Reserve Bank of Cleveland, said the central bank should continue reducing the size of its balance sheet, pointing to potential costs that the ...

With more room to run on shrinking Fed holdings — the process widely ... "To the extent that a large balance sheet with more-than-ample reserves dampens money market volatility, it also promotes ...

Hammack delved into the nuances of both the Fed's balance sheet and its years-long effort to reduce its size. The Fed began shrinking its balance sheet in June 2022 by allowing matured securities to ...

Before cutting interest rates, John Williams said that monetary policymakers need to see declining consumer sentiment ...

The central bank began shrinking its portfolio in 2022 to offload some of the assets it accumulated to support markets and the economy during the pandemic. The Fed’s balance sheet peaked at nearly $9 ...

An often overlooked segment of the Federal Reserve’s balance sheets has been growing and could boost the Fed’s ability to stop shrinking its portfolio sooner than expected. A set of deposits ...

Federal Reserve officials held interest rates steady for a third-straight meeting and emphasized they see a growing risk of ...

"To the extent that a large balance sheet with more-than-ample reserves ... at reducing volatility as reserves shrink, Hammack said. As the Fed's balance sheet shrinks, the central bank should ...

The contraction process has brought the balance sheet down to $6.8 trillion. It is unclear how far the Fed will be able to shrink its holdings, as it works toward a landscape where there is enough ...

The contraction process has brought the balance sheet down to $6.8 trillion. It is unclear how far the Fed will be able to shrink its holdings, as it works toward a landscape where there is enough ...