Conditions still support ongoing reductions in the Federal Reserve's balance sheet, Cleveland Fed President Beth Hammack said on Wednesday, as she also noted that amid great uncertainty now is not the ...

We develop a stylized balance sheet framework to help identify ‘quasi-fiscal’ components of central bank crisis interventions and show how sources of fiscal risk are created from both the new claims ...

Moreover, the report provides a detailed summary of the technical components of Central Bank Operations Division ... this model to routinely conduct stress-testing of the CBS balance sheet.