The Perils of the Fed’s Vast Bond Holdings

The Perils of the Fed’s Vast Bond Holdings

The Federal Reserve is shedding assets at a glacial pace, exposing the financial system to continuing risks, our columnist says.
What Will It Take for the Fed to Lower Interest Rates?

What Will It Take for the Fed to Lower Interest Rates?

Stubbornly high inflation has scrambled the central bank’s outlook. Wall Street is now shifting focus to Friday’s jobs report for clues on its next move.