Fed Chair Powell Signals Future Reserve Additions to Balance Sheet
Jerome Powell indicates the Federal Reserve will increase reserves on its balance sheet at an unspecified future date.
Summary
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Terms & Concepts
- Federal Reserve Balance Sheet: A financial statement showing the assets and liabilities held by the Federal Reserve, used to implement monetary policy.
- Reserves: Funds held by banks in their accounts at the Federal Reserve, which can influence lending capacity and liquidity in the financial system.