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Fed's Balance Sheet Needs a Buffer. How Big Should It Be?
April 16, 2025
CLEVELAND, Ohio, April 16 -- The Federal Reserve Bank of Cleveland issued the following news release:

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Fed's balance sheet needs a buffer. How big should it be?

The estimated buffer between an "ample" and "scarce" level of bank reserves on the Federal Reserve's balance sheet may be relatively small, according to new Cleveland Fed research by economist Joe Haubrich.

But the ongoing reduction in the size of the . . .

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