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News 2026-08-14 04:28 UTC

Fed balance sheet rises $11.388 billion to $6.76 trillion

Veteran economist Peter Schiff said Federal Reserve Chair Kevin Warsh ‘s inflation-fighting rhetoric doesn’t match the central bank’s actions after the Fed’s balance sheet jumped by more than $11 billion last week. Fed is Creating Inflation, Schiff Says “Forget about what Warsh says; pay attention to what the Fed does,