Fed mulls tightening on scale not seen for decades
The highest domestic inflation in 40 years, a potential housing bubble, and recent yield-curve inversions are becoming serious causes for concern at the Federal Reserve.
Members of the Federal Open Market Committee are now contemplating monetary tightening moves on a scale not seen for decades. Options include rapid asset sales and rate hikes in increments of 50 basis points.
The last reduction in the Fed’s balance sheet began in late 2017. Reductions were capped at $50 billion a month. The
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