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Shrinking Fed's Balance Sheet Won't Fix Inflation

Summary by RealClearMarkets
The push to shrink the Federal Reserve’s balance sheet assumes that reducing reserves tightens monetary policy. In today’s operating regime, that assumption no longer holds. Before 2008, the Feder

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Shrinking Fed's Balance Sheet Won't Fix Inflation

The push to shrink the Federal Reserve’s balance sheet assumes that reducing reserves tightens monetary policy. In today’s operating regime, that assumption no longer holds. Before 2008, the Feder

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RealClearMarkets broke the news in on Monday, March 9, 2026.
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