米兰支持缩表以腾出未来救市空间 但进程难以速成

Core Viewpoint - The Federal Reserve's balance sheet needs to be reduced, but policymakers should not rule out large-scale asset purchases during economic crises [1] Group 1: Federal Reserve's Balance Sheet - The reduction of the Federal Reserve's balance sheet will decrease its influence in financial markets and provide more options for policymakers during future crises [1] - The expansion of the balance sheet is deemed appropriate when interest rates are at the zero lower bound and during the mid-phase of a financial crisis [1] - The plan to gradually reduce the balance sheet cannot be implemented immediately due to regulatory hurdles that need to be addressed over time [1]