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Fed may start shrinking its balance sheet this year, says Powell

Dow Jones2022-01-11

Fed's Powell: Fed may start shrinking its balance sheet this year. High inflation will last 'well into the middle of this year'.Omicron may cause a pause in growth but 'it should be short-lived'.

Dow down over 200 points as investors focus on testimony from Fed’s Powell.

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Comment116

  • RedpillBluep
    ·2022-01-12
    The fed have been saying it for a long time. It's like saying it might rain in the coming months. It's only a matter of time.
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  • LimLS
    ·2022-01-12
    Most likely the shrinking of balance sheet will be later this year. Fed need to reduce its balance sheet. It had doubled after its unlimited QE that brought us out of the bear market during Covid 2022. Fed had to act fast to reduce its balance sheet while the economy is still good, else it will not have any chance later if economy start to weaken
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  • Jialatsia
    ·2022-01-12
    Meep
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  • LiliMe
    ·2022-01-12
    Ok
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  • JohnL
    ·2022-01-12
    Ok
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  • Beli
    ·2022-01-12
     Hope 2022 will b better than 2021!
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  • time to eat
    ·2022-01-12
    Just buy
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  • Sohws
    ·2022-01-12
    Like pls
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  • HENRYCSC
    ·2022-01-12
    Thanks 
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  • gravitytogo
    ·2022-01-12
    Great
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  • Goodmeng
    ·2022-01-12
    Let see what happen
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  • schipperde
    ·2022-01-12
    Like
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  • superpopo
    ·2022-01-12
    Drama king
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  • Dragon1976
    ·2022-01-12
    Roar
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  • Sethiroth
    ·2022-01-12
    Like
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  • sseregit
    ·2022-01-12
    Old news, reconfirmed by FED, so no surprise, everyone can chiong again? 
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  • koolgal
    ·2022-01-12
    Jerome Powell's words have the power to move the markets just like today!  Come on!  Let's fly! 🚀🚀🚀🌙🌙🌙
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  • YJ1234
    ·2022-01-12
    Like pls
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  • 许哲东
    ·2022-01-12
    End of money printing game
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  • LifeLearner
    ·2022-01-12
    we shld expect moee volatitily
    Reply
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