Markets, money, and the policy that moves them.
Saturday, August 22, 2026 (UTC)

Fed Chair Warsh signals balance sheet shrink as Treasury ties complicate plans

TD Securities notes markets await concrete policy signals while Warsh and Bailey push to reduce central bank bond holdings.

Fed officials warn Treasury debt strategy complicates balance sheet plansNadia OkonkwoTreasury Secretary Bessent doubles long-term bond buybacksMarcus Vance