Stanford Graduate School of Business @StanfordGSB · 31 Aug 2026
“I don’t say the Fed should reduce its balance sheet,” says Professor Darrell Duffie. “I do say that it should have the tools to reduce its balance sheet if it were to need to.” His new research details what options the U.S. central bank may have. https://t.co/oPUEqhV8sO
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