Outright Fed security purchases or sales are only one of two sorts of «open - market operations» the Fed resorts to to change the total size of its balance sheet. (alt-m.org)
Shirakawa's doubts kept the BOJ firmly focused on interest rates, rather than the size of its balance sheet, even after it had driven its policy rate down close to zero after the global financial crisis. (cnbc.com)
One line of thinking now is that the central bank may opt to combine the two programs and buy longer - dated bonds more aggressively, then set as its new target the total balance of bond holdings or the size of its balance sheet, the sources said. (cnbc.com)