Fed's Powell suggests tightening program could end soon, offers no guidance on rates
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Fed's Powell suggests tightening program could end soon, offers no guidance on rates
Federal Reserve Chair Jerome Powell on Tuesday suggested the central bank is nearing a point where it will stop reducing the size of its bond holdings, but gave no long-run indication of where interest rates are heading. Speaking to the National Association for Business Economics’ conference in Philadelphia, Powell provided a dissertation on ...
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