18 September 2019 FOMC Meeting Minutes: Will the Fed Be Expanding Its Balance Sheet?
– this post authored by Steven Hansen
The 18 Septembery 2019 meeting statement presented the actions taken. This post covers the economic discussion during this FOMC meeting between the members. An interesting quote:
… Participants agreed that developments in money markets over recent days implied that the Committee should soon discuss the appropriate level of reserve balances sufficient to support efficient and effective implementation of monetary policy in the context of the ample-reserves regime that the Committee had chosen. ….
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