Powell says the Fed will start expanding its balance sheet ‘soon’ in response to funding issues
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during the NABE annual meeting in Denver, Colorado, U.S., on Tuesday, Oct. 8, 2019.
Daniel Brenner | Bloomberg | Getty ImagesThe Federal Reserve will soon start growing its balance sheet again, a response in part to the jolt to overnight lending markets in September, Chairman Jerome Powell said Tuesday.
How the Fed will go about…