Fed May Buy Bonds Again as Reserves Reach Comfortable Level

New York Federal Reserve President John Williams suggests the Fed may soon resume bond purchases, as bank reserves approach a comfortable level. This comes after the Fed halted its bond portfolio reduction in December. Williams clarifies that these purchases aim to manage reserves, not stimulate the economy, and are not a policy change.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.