And though all but one of the synthetic sheets in our ratings did well in our shrinkage test, synthetic fabrics have their fit issues as well. Nearly half scored at or below average in our fit ...
However, when it halted the balance-sheet expansion in 2014 and even reversed it durin gquantitative tightening starting in 2017, there was no commensurate shrinkage of these claims on liquidity.
“The decision to slow the pace does not mean that our balance sheet will ultimately shrink by less than it would otherwise, but rather allows us to approach this ultimate level more gradually ...