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Powell says Fed likely to taper asset purchases ‘at the same time’

Powell says Fed likely to taper asset purchases 'at the same time'

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The Federal Reserve will likely reduce its monthly purchases of mortgage-backed securities and Treasuries simultaneously when it is time to pare back its support for the U.S. economy, though policymakers are debating whether to wind down the buying of MBS at a faster pace, Fed Chair Jerome Powell said on Wednesday.

...read full article on Reuters

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