Odd Lots

Analysts Are Warning That the Fed Faces a Tricky Early Exit From QT

The Marriner S. Eccles Federal Reserve building in Washington, D.C.

Photographer: Graeme Sloan/Bloomberg
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The Federal Reserve started winding down its massive balance sheet in June in a process known as quantitative tightening.

But just three months and $809 billion later, analysts are already talking about the potential for an early end from QT — and how the central bank might orchestrate its exit.