Fed Chair Powell Says Reserves Abundant, Balance Sheet Runoff Continues, Ready to Supply Dollars Globally

8 posts • GPT (4.1 mini)

Published Apr 16, 2025, 06:20 PM

Federal Reserve Chair Jerome Powell stated that reserves remain abundant and the central bank is not near the point of halting its balance sheet runoff entirely. Powell emphasized that the slower the Fed reduces its balance sheet, the smaller it can become without causing market disruption. He also confirmed that the Fed is fully prepared to supply U.S. dollars to global central banks through standing dollar swap lines if a shortage arises. Powell noted that markets are processing policy changes and functioning normally, addressing concerns about potential liquidity issues in the financial system.

More breaking stories on DeepNewz — updated live.