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Fed’s George: aggressive balance sheet reduction may allow shallower rate path

Fed's George: aggressive balance sheet reduction may allow shallower rate path

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The Federal Reserve can move sooner to start reducing its bond holdings than in the past and aggressive action to shrink the U.S. central bank’s portfolio could allow it to take a shallower path on interest rate increases, Kansas City Fed President Esther George said on Monday.

...read full article on Reuters

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