Federal Reserve’s Harker Signals Possible Balance Sheet Expansion
Philadelphia Federal Reserve President Patrick Harker suggested the U.S. central bank may soon increase its balance sheet, citing technical considerations.
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Terms & Concepts
Balance Sheet Expansion: An increase in a central bank's holdings of assets, often through bond purchases, to inject liquidity into the financial system.
Federal Reserve: The central bank of the United States responsible for monetary policy, financial stability, and regulation of banks.