Fed’s Williams wants to start shrinking the balance sheet ‘this fall’

The U.S. economy has “fully recovered” from the financial crisis and as a result the U.S. central bank should start to shrink its massive $4.5 trillion balance sheet “this fall,” said San Francisco Fed President John Williams on Wednesday. In a speech to the Economic Club of Las Vegas, Williams s...

Fed’s Williams wants to start shrinking the balance sheet ‘this fall’