Fed’s Yellen says economy steady .. more hikes, bond wind down
Posted By RichC on July 12, 2017
The United States is healthy enough to absorb further gradual rate increases and the slow wind down of the massive bond portfolio accumulated by the Federal Reserve during the financial crisis, Fed Chair Janet Yellen said in prepared testimony to be delivered to Congress Wednesday morning.
Source: Fed’s Yellen says economy steady enough for more hikes, bond wind down
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