U-S FED TO FINALLY UNWIND THE BALANCE SHEET

Sep 20, 2017

By Michael Kramer

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The U-S Federal Reserve will begin the process of gradually unwinding its $4.5-trillion-dollar balance sheet – starting next month.

The balance sheet consists primarily of government and mortgage-backed bonds and was expanded to unprecedented levels – as the government tried to spur economic growth – after the 2008 financial crisis.

As the bonds mature, the Fed plans to spend less money each month to replace them.

Starting next month, the U-S central bank intends to spend $10-billion dollars less per month on bonds – which will eventually reach $50-billion a month by October of next year.

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