Treasury Secretary Bessent expects slow Fed action on balance sheet changes
Treasury Secretary Scott Bessent said today that the Fed will likely wait a year before altering its balance sheet. He expects the central bank to move slowly.
U.S. Treasury Secretary scott bessent has stated that he does not expect the Federal Reserve to move quickly to shrink its balance sheet, noting that the central bank could take up to a year to decide on its balance-sheet policy. These comments, made on Fox News Channel, establish a near-term timeline for major decisions regarding the US 
US monetary framework and highlight that the matter remains under discussion.
US monetary framework and highlight that the matter remains under discussion.
