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The Federal Reserve system remains focused on maintaining “flexible and adaptable” policy implementation, said a New York Fed official on Thursday, who didn’t offer any fresh details about the central bank’s forthcoming plans to taper monthly bond purchases. Officials are continuing to work on ways to improve the resiliency of the U.S. Treasury market, while also keeping their eye on technological innovations and the approaching end of LIBOR, or the London Interbank Offered Rate, said Lorie Logan, an executive vice president in the markets group of the New York Fed.
...read full article on Market Watch
