After almost 10 years of shopping, the Fed gets ready to shrink its assets

Sabri Ben-Achour Jun 15, 2017
HTML EMBED:
COPY

After almost 10 years of shopping, the Fed gets ready to shrink its assets

Sabri Ben-Achour Jun 15, 2017
HTML EMBED:
COPY

Federal Reserve Chair Janet Yellen on Wednesday discussed the Fed’s plans for its balance sheet. That’s the list of all the assets it owns, and it is huge: $4.5 trillion worth. The plan is to slowly shrink that down by a few billion dollars a month, starting soon. Here’s how the Fed came to own so much, and what owning less might mean for the economy.

Click the audio player above to hear the full story.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.