Frankfurt, Germany â¢ A top U.S. Federal Reserve official says the central bank would likely move in a measured way after it decides to reduce its large bond holdings.
San Francisco Federal Reserve President John Williams said there was a case to be made for moving slowly since reducing the bond holdings would lead to higher longer-term rates even as short-term rates are also being raised.
âAs we do both of these, weâre going to see a tightening of financial conditions happening in two different ...
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