What the Fed’s ‘Quantitative Tightening’ Plans Mean: QuickTake

Roughly two years after it launched the biggest and broadest monetary-stimulus campaign in modern history, the Federal Reserve is in the process of withdrawing its support for the U.S. economy. The most delicate element of the plan is likely to be shrinking its record balance sheet — something that ended up roiling financial markets the last time policy makers did it. A road map for quantitative tightening, as it’s known, was released April 6, and policy makers have signaled it’s likely to begi

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