Marketplace®

Daily business news and economic stories

Why the Fed’s balance sheet is making markets nervous

Robert Kaplan, the president of the Federal Reserve Bank of Dallas, on Thursday told Bloomberg that the Fed ought to think about slowing down how quickly it’s shrinking its balance sheet. What’s a balance sheet? It’s a ledger of the Fed’s assets and liabilities that, in the middle of the financial crisis, the Fed expanded as […]

Paul J. Richards/AFP/Getty Images

Robert Kaplan, the president of the Federal Reserve Bank of Dallas, on Thursday told Bloomberg that the Fed ought to think about slowing down how quickly it’s shrinking its balance sheet. What’s a balance sheet? It’s a ledger of the Fed’s assets and liabilities that, in the middle of the financial crisis, the Fed expanded as it bought bonds and mortgage-backed securities to give the economy a boost. So instead of talking about interest rates again, we’re going to talk about this other tool the Fed uses to control the economy. Marketplace host Kai Ryssdal called up Victoria Guida, who covers the Fed for Politico, to talk about what’s going on.

Click on the audio player above to hear the full interview.

Related Topics

Latest Episodes

View All Shows
  • Marketplace Tech
    24 minutes ago
    4:17
  • Marketplace
    12 hours ago
    25:29
  • How We Survive
    15 hours ago
    14:10
  • Make Me Smart
    17 hours ago
    25:13
  • Million Bazillion
    18 hours ago
    31:13
  • Marketplace Morning Report
    20 hours ago
    7:05
  • This Is Uncomfortable
    2 months ago
    37:19
  • Financially Inclined
    2 months ago
    12:30
  • The Uncertain Hour
    4 months ago
    22:50
  • Corner Office from Marketplace
    5 years ago
    20:58