Fed Balance Sheet: Too Little Too Late

by Peter Schiff, Schiff Gold: Breaking Down the Balance Sheet Another month shows the Fed still struggling to implement Quantitative Tightening (QT). According to the Fed, they should be shrinking the balance sheet by at least $47.5B a month, spread between $30B in Treasuries and $17.5B in MBS. In the latest month, Treasuries did shrink […]