Fed Officials Ready to Start Shrinking Portfolio in Months - News Summed Up

Fed Officials Ready to Start Shrinking Portfolio in Months


WASHINGTON—Federal Reserve officials in June readied plans to start slowly shrinking the central bank’s large portfolio of bonds and other assets in the next few months. Officials debated exactly when they should launch those plans, with several arguing the Fed had sufficiently prepared markets to move soon, while others suggested waiting for more proof that inflation would pick up, according to minutes of the central bank’s June...


Source: Wall Street Journal July 05, 2017 18:02 UTC



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