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Five Questions About the Fed's $4.5 Trillion Balance Sheet
What everyone wants to know about the Fed's plan to trim bond holdings
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The Federal Reserve is getting ready to "normalize" the size of its $4.5 trillion balance sheet.
A lot is at stake. Simply maintaining that over-sized stack of bonds makes the Fed a big player in the markets for Treasury and mortgage-backed securities. Investors and traders are anxious for information about how the central bank intends to pull back.