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Fed’s Mester backs shrinking balance sheet ‘as fast as we can’ without pushing markets off track

Fed's Mester backs shrinking balance sheet ‘as fast as we can' without pushing markets off track

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Cleveland Fed President Loretta Mester on Wednesday said she would like the central bank to shrink its balance sheet quickly so that it comes down to a “more reasonable size” as long as the pace doesn’t negatively impact financial markets.

...read full article on Market Watch

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