Dominican securities: Fed balance sheet or restoration of downsizing by 2027

On 23 July, in a report, the strategists Gennadiy Goldberg and Molly Brooks of TD Securities stated that the Fed's balance sheets might not start to shrink until the end of 2027, and that even then it was possible for the central bank to choose to absorb the economy with “natural growth” rather than to restore direct quantitative austerity (QT)。