Fed's George: Fed is moving into a critical time now

Must be lunchtime

  • More people will be talking about the Fed's balance sheet

The balance sheet unwind might be the next bone the market picks up to trade but in theory, it shouldn't roil markets too much as the Fed can take their sweet old time doing it. Any trading volatility will come as they work out the details. Even then, the Fed has already been preparing that for a while now anyway.

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