Why Everyone Needs to Care About the Fed's Shrinking Balance Sheet
About this episode
The Federal Reserve said this week that it's about to try something that's never been done on this scale in the annals of central banking: reduce its $4.5 trillion stockpile of assets. The ramifications could be felt everywhere from mortgage rates, to the cost of vacationing in Thailand, even to President Donald Trump's attitude toward the Fed. Bloomberg reporter Chris Condon joins Scott to explain what's happening and try to come up with a better name than "balance sheet normalization" for the whole process.
See omnystudio.com/listener for privacy information.
Get every episode summarized
Each time Trumponomics publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Trumponomics
"The Economics Show": Breaking China’s rare earths chokehold
Trumponomics
As Canada Turns From the US, Is China the Alternative?
Trumponomics
Why Inflation Could Be Good News for Japan
Trumponomics
Introducing: Our Town
Trumponomics