Fed Governor Waller discusses balance sheet challenges, QT into 2029, and risks to Fed independence. Read the implications for markets if Powell leaves the Fed.

Checking your bank’s liabilities There’s a lot to see and think about on the assets side. But before digging deeper, let’s look at the liabilities side of the bank balance sheet — that’s where you’ll ...

That borrowing, which also saw other large-size Fed credit extensions, pushed the size of the Fed’s overall balance sheet up to $8.7 trillion on Wednesday, versus $8.4 trillion the week before.

This study investigates whether the effects of monetary policy are amplified by its impact on bank balance-sheet strength. Or, in other words, it tests whether the bank-lending channel of the monetary ...

A textbook argument in favor of adopting another country’s legal tender is that it imposes strong constraints on money creation and therefore fiscal dominance. In Ecuador, an officially dollarized ...