Fed won't rush balance-sheet trimming despite leadership chatter
Treasury Secretary Scott Bessent said the Federal Reserve isn't expected to hastily shrink its balance sheet even if Kevin Warsh becomes a leading figure at the Fed.
Why it matters
For 401(k) investors, that means shock-absorbing measures remain in place, reducing risks of abrupt rate or liquidity shifts.
The big picture
Keeps monetary conditions steady this week, limiting volatility ahead of data releases.