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Fed could start reducing balance sheet 'relatively soon' - Yellen

Reuters  |  WASHINGTON 

(Reuters) - The Federal Reserve could begin trimming its holdings of bonds "relatively soon," Chair Janet said on Wednesday.

"We could put this into effect relatively soon," told a conference, referring to the Fed's plan to reduce reinvestments of maturing securities later this year.

(Reporting by Jason Lange; Editing by Chizu Nomiyama)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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Fed could start reducing balance sheet 'relatively soon' - Yellen

WASHINGTON (Reuters) - The Federal Reserve could begin trimming its holdings of bonds "relatively soon," Fed Chair Janet Yellen said on Wednesday.

(Reuters) - The Federal Reserve could begin trimming its holdings of bonds "relatively soon," Chair Janet said on Wednesday.

"We could put this into effect relatively soon," told a conference, referring to the Fed's plan to reduce reinvestments of maturing securities later this year.

(Reporting by Jason Lange; Editing by Chizu Nomiyama)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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Business Standard
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Fed could start reducing balance sheet 'relatively soon' - Yellen

(Reuters) - The Federal Reserve could begin trimming its holdings of bonds "relatively soon," Chair Janet said on Wednesday.

"We could put this into effect relatively soon," told a conference, referring to the Fed's plan to reduce reinvestments of maturing securities later this year.

(Reporting by Jason Lange; Editing by Chizu Nomiyama)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22