Huberto Ennis explores how the Federal Reserve used its asset purchases to deal with market disruptions and the unprecedented economic issues related to the COVID-19 pandemic. He also discusses why and how the Fed is unwinding these purchases. Ennis is group vice president for macro and financial economics at the Federal Reserve Bank of Richmond.
Full transcript and related links: https://www.richmondfed.org/podcasts/speaking_of_the_economy/2023/speaking_2023_01_11_balance_sheet
