According to Jin10, Federal Reserve Chair Warsh said the balance sheet should be kept as small as possible so it can be expanded in a crisis. The remark centers on the size of the Fed’s balance sheet and the policy room it may preserve during periods of stress. The statement was cited by ChainCatcher in a short news update under the policy and regulation category.
ChainCatcher reported, citing Jin10, that Federal Reserve Chair Warsh said the balance sheet should be kept as small as possible so it can be expanded in a crisis.
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