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Reuters

Reuters

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Business & Economics

Fed's Waller says no need to slow balance sheet drawdown at this time

Reuters
Summary
Nutrition label

81% Informative

Governor Christopher Waller says he opposes the Fed 's decision to slow the pace of reduction of its securities holdings.

Reserve balances at the Fed banks have been little changed recently at about $3.4 trillion .

Fed policymakers decided to reduce the monthly cap on the runoff of Treasuries to $5 billion , from $25 billion .

VR Score

92

Informative language

98

Neutral language

73

Article tone

semi-formal

Language

English

Language complexity

57

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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