Balance Sheets, QE & Key Takeaways from Kevin Warsh's Senate Testimony

Charles Schwab’s Collin Martin said Kevin Warsh’s Senate testimony highlighted a desire to shrink the Fed’s balance sheet, but he sees significant headwinds to that effort. The article is a brief analyst recap of Fed-related testimony rather than a policy action, so the immediate market impact looks limited.

Analysis

Charles Schwab’s Collin Martin said Kevin Warsh’s Senate testimony highlighted a desire to shrink the Fed’s balance sheet, but he sees significant headwinds to that effort. The article is a brief analyst recap of Fed-related testimony rather than a policy action, so the immediate market impact looks limited.