Tag: Central bank

Economy and TradingEnergy Policy

Fed Chair Powell Acknowledges MBS Purchases May Have Continued Too Long During Housing Boom

Federal Reserve Chair Jerome Powell has offered his clearest reflection yet on the Fed’s pandemic-era mortgage bond buying program. Speaking at a business economics conference, Powell suggested the central bank may have kept purchasing mortgage-backed securities for too long during the housing market surge.

Fed Chair Reflects on Pandemic-Era Mortgage Security Purchases

Federal Reserve Chair Jerome Powell has acknowledged that the central bank may have continued purchasing mortgage-backed securities for too long during the pandemic housing boom, according to his remarks Tuesday at the National Association for Business Economics meeting in Philadelphia. Powell offered what analysts suggest is his clearest reflection to date on the Fed’s pandemic-era mortgage bond buying program during his speech.

by Natalie Brooks
Economy and TradingEnergy Policy

Federal Reserve’s Quantitative Tightening Nears Conclusion as Powell Signals Balance Sheet Drawdown Endgame

Federal Reserve Chair Jerome Powell suggests the central bank’s balance sheet reduction program may be approaching its final stages. The Fed is closely monitoring liquidity conditions and money market indicators to determine the appropriate endpoint for quantitative tightening.

Federal Reserve Chair Jerome Powell has signaled that the central bank’s prolonged effort to shrink its massive balance sheet may be nearing completion. In remarks delivered at the National Association for Business Economics gathering in Philadelphia, Powell indicated that the quantitative tightening process could approach its conclusion in the coming months as the Fed monitors key financial indicators.

Understanding Quantitative Tightening and Balance Sheet Reduction

by Darren Holt