Fed aims to unveil plan to end balance sheet rundown ‘fairly soon’

Financial Times/Sam Fleming/2-27-2019

“Jay Powell has said the US Federal Reserve is close to agreeing a plan to complete the process of reducing its multitrillion-dollar balance sheet by the end of 2019, teeing up an announcement as soon as its meeting next month.”

USAGOLD note:  Zero Hedge passes along a Goldman Sachs report specifying the third quarter of 2019 as the end date for the Fed’s balance sheet run0ff.

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