Off the “QT”: Does Fed nominee Judy Shelton have a balance sheet problem?
As an outside critic of the
Federal Reserve, conservative economist Judy Shelton has slammed
the central bank’s massive $4.2 trillion balance sheet as
distorting financial markets and “largely benefiting people who
have hefty stock-market portfolios.”
Federal Reserve, conservative economist Judy Shelton has slammed
the central bank’s massive $4.2 trillion balance sheet as
distorting financial markets and “largely benefiting people who
have hefty stock-market portfolios.”
Posted by Reuters
