Top of Mind: Normalizing the Fed’s Balance Sheet – Goldman Sachs Research’s Allison Nathan

A decade after the financial crisis, the Fed appears set to begin unwinding some of the asset purchases added to its balance sheet in its efforts to stimulate the economy. Allison Nathan of Goldman Sachs Research discusses what this balance sheet “normalization” could mean for markets and the signposts to watch that could signal a more disruptive outcome.

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