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Warsh’s Balance-Sheet Panel Runs Into Market Reality Check

Wall Street strategists expect a group of senior academics and former policymakers assembled by Chairman Kevin Warsh to review the Federal Reserve’s $6.7 trillion balance sheet will face a difficult balancing act: shrinking the central bank’s holdings without destabilizing funding markets.

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Fed Maintains Reserve Management Purchases at $10 Billion

The Federal Reserve said Monday it will buy about $10 billion of Treasury bills this period, unchanged from the previous two cycles, as policymakers seek to bolster reserves in anticipation…

Venezuela’s Inflation Spike Compounds Earthquake Misery

Venezuela’s monthly inflation more than doubled in June, deepening the hardship for families already reeling from the devastation caused by the twin earthquakes of June 24.

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