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Fed's Barr: Shrinking The Balance Sheet Is The Wrong Objective

By WSJ May 14, 2026 Neutral
Fed's Barr: Shrinking The Balance Sheet Is The Wrong Objective
Federal Reserve Gov. Michael Barr said shrinking the balance sheet is the wrong objective for the central bank, and many of the proposals to meet that objective would threaten financial stability.
Federal Reserve Gov. Michael Barr said shrinking the balance sheet is the wrong objective for the central bank, and many of the proposals to meet that objective would threaten financial stability.