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THE FED'S SHRINKAGE PROBLEM

Matthew C. L. Klein

Barron's, June 17, 2019, pg. 35

 
 

Reviewer Comment:
An excellent discussion of the Federal Reserve monetary policy. Their problem is what to do now that the FED has such a large holding of Treasury bonds and that it began reducing the size of this in 2017, but this has a major impact on the real economy.

 
 

 

 
 

 
 

 
 



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