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The Fed: Fed’s George calls for sharp reduction in size of bank’s $8.9 trillion balance sheet

The Fed: Fed's George calls for sharp reduction in size of bank's $8.9 trillion balance sheet

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The chief of the Kansas City Federal Reserve on Monday said the U.S. central bank should raise interest rates soon and move promptly to pursue a “significant” reduction in its nearly $9 trillion stockpile of bonds.

...read full article on Market Watch

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