A Look At The Balance Sheet New Fed Chair Warsh Will Inherit
Kevin Warsh has been appointed as the new Chair of the Federal Reserve. He plans to implement gradual quantitative tightening and manage the $6.7 trillion balance sheet. His approach includes cutting interest rates and allowing mortgage-backed securities to run off.
- ▪Kevin Warsh takes over as Fed Chair with a focus on monetary policy adjustments.
- ▪He aims to shrink the Federal Reserve's $6.7 trillion balance sheet.
- ▪Warsh's strategy includes gradual quantitative tightening and managing mortgage-backed securities.
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