“Balance sheet growth” means electronic money printing to buy government bonds. Given that the US Treasury is expected to issue/reissue more than $9 trillion in debt in 2026, I suspect they will grow their balance sheet by a lot.
‘Most Divided’ Fed In 37 Years Cuts Rates; Restarts Balance Sheet Growth | ZeroHedge
Published by markskidmore
Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times.
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