This actually isn’t that true. The Fed has largely rebuilt their position via interest rates, so there’s lot of room to cut. And as far as their assets, they’re down to a little above $6 trillion, down from a peak of $9 trillion, so again they have a lot of room there to absorb bad assets.
This actually isn’t that true. The Fed has largely rebuilt their position via interest rates, so there’s lot of room to cut. And as far as their assets, they’re down to a little above $6 trillion, down from a peak of $9 trillion, so again they have a lot of room there to absorb bad assets.