Fed Bostic said the Beginning Of the Fed’s Balance sheet Collection to Go Well

The titles of the speech by the President of the Federal Reserve Bank of Atlanta, Raphael Bostic are here: Fed Bostic: the Hurricane will not hit US economy trackThe Wall Street Journal have a summary available (at least as its dependent, of course): the Beginning Of the Fed’s Balance sheet Draw Goes Well, the Fed Bostic SaysMain summary points from the Review:

  • The federal Reserve Bank of Atlanta, the President Raphael Bostic said Wednesday the departure of the central bank balance sheet reduction is going well, in part because the economy is in a good place to deal with the changing of the monetary policy.
  • «While a lot of doubt about this unprecedented policy of relaxation, there are good reasons to think that the effects of a progressive and predictable ramp of the balance sheet will be smaller than the measured effects that the balance sheet expanded»
  • «Although I don’t expect financial market conditions to be significantly affected in coming months by the balance of the reductions themselves, I have, with my colleagues, will of course be monitoring the financial markets for any modification of the financial conditions that may affect the macroeconomy»

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