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September 01, 2020 1:26pm
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As Wall Street watches yields climb, a big question emerges: What is the ‘right size’ for the Federal Reserve’s balance sheet?

'If you think about the actual liquidity the Fed needs to provide, they likely need to provide more than in the past,' says SLC's Dec Mullarkey, 'But it almost seems like we need at least $4 trillion.'
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