Will Fed be Able to Stick its Move to Trim Massive Securities Holdings by $2.3 Trillion?

After being credited for steering the U.S. economy off the precipice in the global financial crisis through its massive stimulus program, the Federal Reserve is now facing the delicate task of paying the bills. The Fed is preparing to unwind a huge chunk of its $4 trillion portfolio of bond securities it began accumulating 10 years ago, part of the measures it took to prevail over a collapsing economy. This past week, the Fed disclosed plans to…

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