QE on the QT? Fed says no, economists say maybe so
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(Reuters) - Stop with the "50 Bs." Start with the 60.The U.S. Federal Reserve's quick pivot from shrinking its balance sheet by around $50 billion (39.5 billion pounds) per month to now expanding by $60 billion monthly, has shown both the difficulty the Fed has faced under a shifting political environment, as well as the risks of experimenting with market-sensitive systems in real time.The process of paring the balance sheet from its crisis-era levels of more than $4 trillion in assets,..