Wall Street’s ever-shifting outlook on the reduction of the Federal Reserve’s balance sheet is once again in flux, with a number of banks and researchers now seeing a good chance the central bank may ...

Hammack added that, once these issues are resolved, the Fed could employ temporary bond repurchases, also known as repos, to place more liquidity back into the system. Should such a tactic be employed ...

An official who manages the Federal Reseve’s monetary-policy implementation said tweaks to the composition of the central bank’s balance sheet could mean the Fed would eventually own relatively more ...

An alternative approach, which the Bank of Italy has adopted, is to compute empirical estimates based on market prices.