Why the Fed’s Balance Sheet Matters as Much as Its Interest-Rate Decision
Nate Wuerffel, head of market structure and product head for the global collateral platform at BNY, joins WSJ’s Take On the Week to discuss why the Federal Reserve's upcoming decision on its balance sheet is just as critical for markets as its move on interest rates. Wuerffel explains how liquidity in the financial system affects everyday consumer costs. And he gets into why a liquid Treasury market is essential to preventing future crises like the Silicon Valley Bank failure. Photo: WSJ
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WSJ's Take On the Week
WSJ's Take On the Week brings you the insights and analysis you need to get a leg up on the world of money and investing. We cut through the noise and dive into markets, the economy and finance. Join The Wall Street Journal's Telis Demos and Miriam Gottfried in conversation with the people closest to the hot topics in markets to get incisive analysis on the big trades, key players in finance and business news. The duo will bring actionable insights to a range of investors and business leaders while also entertaining a broader audience with lively, relatable conversations. Episodes drop Sundays.