First published by Money Metals Exchange here: https://www.moneymetals.com/news/2024/08/30/im-not-impressed-fed-balance-sheet-reduction-in-context-003424
<p><img src='https://www.moneymetals.com/uploads/content/I-m-Not-Impressed-The-Fed-s-Balance-Sheet-Reduction-in-Context.jpg'/></p>The Federal Reserve managed to shrink its balance sheet by 20 percent since the post-pandemic peak. That&#039;s the biggest drawdown in history. I&#039;m not impressed.