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Why the Fed’s Balance Sheet Matters as Much as Its Interest-Rate Decision

WSJWall Street Journal

Why the Fed’s Balance Sheet Matters as Much as Its Interest-Rate Decision

Nate Wuerffel, head of market structure and product head for the global collateral platform at BNY, joins WSJ’s Take On the Week to discuss why the Federal Reserve's upcoming decision on its balance sheet is just as critical for markets as its move on interest rates. Wuerffel explains how liquidity in the financial system affects everyday ...

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