Aren’t We Making Too Big Of A Deal About The Fed’s Balance Sheet?

The Fed was buying what others would have bought absent the Fed. Which means disposal of its assets won't be fraught.
Financial Advisor

A Smaller Fed Balance Sheet Is Bringing Its Own Problems

The Federal Reserve's balance sheet has shrunk from a peak of $8.97 trillion in April 2022 to $6.56 trillion as the central bank has unwound much of the Treasury and agency mortgage-backed security ...
Nasdaq

ANALYSIS-Nagging U.S. Treasury liquidity problems raise Fed balance sheet predicament

NEW YORK, Nov 8 (Reuters) - The U.S. Federal Reserve's ongoing balance sheet drawdown has exacerbated low liquidity and high volatility in the $20-trillion U.S. Treasury debt market, raising questions ...
Barron's

Balance Sheet Is the Least of the Fed's Problems Today

Powell has many problems, but the balance sheet ain’t one. Since the Fed’s decision in December to start buying short-term U.S. debt, or T-bills, every month, things have progressed as they should.