Publications

In the Media | April 2017

Fed’s Rosengren Wants to Shrink Balance Sheet So Slowly that Rate Hikes Can Continue at Same Time

MarketWatch, April 19, 2017. All Rights Reserved.

The Federal Reserve should start shrinking its balance sheet relatively soon but do it so slowly that it doesn’t disturb the central bank’s plans to continue to gradually raise short-term interest rates, said Boston Fed President Eric Rosengren on Wednesday....

Read more: http://www.marketwatch.com/story/feds-rosengren-wants-to-shrink-balance-sheet-so-slowly-that-rate-hikes-can-continue-2017-04-19

Publication Highlight

Working Paper No. 890
On the Centrality of Redemption
Linking the State and Credit Theories of Money through a Financial Approach to Money
Author(s): Éric Tymoigne
May 2017

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