The central bank has confirmed that it would start unwinding its balance sheet next month and that a December interest rate hike is still in play. (bitcoinprice.com)
Yun believes the rising interest rate environment is here to stay as the Federal Reserve slowly begins unwinding its balance sheet. (rismedia.com)
Based on Janet Yellen's testimony, the Fed plans to employ a relatively seamless process of unwinding their balance sheet, rather than have this act like a rate hike surrogate with an accompanying «taper tantrum» that would drag on growth. (schwabfunds.com)