Three Fed officials see case for 'considerable Fed balance sheet decline' - report

  • Comments from the Fed's Cook, Kugler and Jefferson in letters to a US Senator
  • See case for considerable balance sheet decline
  • Balance sheet wind-down depends on markets and the economy
  • Not targeting a dollar value for balance sheet
  • There may be considerable decline in reverse repo reserves

The comments from the trio were sent in a letter to Senator Rick Scott.

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