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Thursday, February 28, 2019

Powell Put Confirmed: Balance Sheet Reduction Will End This Year

After weeks of hinting, Federal Reserve Chairman Jerome Powell confirmed that the central bank will end its balance sheet reduction program this year. This just five months after insisting quantitative tightening was on “autopilot.” “We’ve worked out, I think, the framework of a plan that we hope to be able to announce soon that will […]

from SchiffGold.com https://ift.tt/2Vs8Ast