A Yellen Exit Could Light A Fire Under The Fed To Cut Its $4.5T Balance Sheet

Ed. Note: This article first appeared in CNBC It’s frequently said that good things come to those who wait — but a bloated $4.5 trillion balance sheet might be a striking exception to that rule. With the Fed facing a Herculean conundrum in unwinding its crisis-era monetary policy — and a likely leadership transition on the

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