Wednesday 26 June 2013

President of Richmond Fed,Central Bank is not anywhere near Cutting size of its Balance Sheet

The president of the Richmond Fed, Jeffrey Lacker, said in an interview Wednesday that the market "got a little bit ahead" of the central bank in pricing in tapering of bond purchases. In an interview on Bloomberg Television, Lacker said the central bank is not "anywhere near" cutting the size of its balance sheet. 

Source Marketwatch

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