'None and done' is what we'll see from Fed this year, says Ed Yardeni

TL;DR

Fed Chair Nominee Warsh May Need Five Years to Really Shrink the Central Bank’s Balance Sheet Fed Should Do Nothing for This Moment, Goldman’s Robert Kaplan Says The Federal Reserve's Board of Governors urged a judge to reject prosecutors' request that he reconsider his recent decision to block subpoenas issued in a criminal investigation of Chair Jerome Powell over pricey renovations of the central bank's headquarters and his congressional testimony about that. The Fed's lawyers, in a court filing unsealed Thursday, told Judge James Boasberg that the U.S. Attorney's Office for the District of Columbia failed to come even remotely close to meeting the legal threshold for its motion for reconsideration.