Fed's George warns unwinding balance sheet could disrupt markets
Feb 12 (Reuters) - The Federal Reserve could disrupt markets if it actively sells large amounts of mortgage-backed securities when the time comes to tighten monetary policy, a top U.S. central bank official said on Tuesday.
Kansas City Federal Reserve Bank President Esther George said investors could also question the Fed's commitment to its 2-percent inflation goal if inflation expectations begin to rise.
- Tweet this
- Share this
- Digg this