Fed's Powell Signals Possible Pause in Balance Sheet Reduction, Boosting Markets
TL;DR Summary
Federal Reserve Chair Jerome Powell indicated that the Fed may halt its balance sheet reduction in the coming months, citing signs of a weakening labor market and ongoing monetary policy adjustments, including interest rate cuts, to support economic stability.
- Powell Says Fed May Stop Shrinking Balance Sheet in Months Ahead Bloomberg.com
- Fed's Powell suggests tightening program could end soon, offers no guidance on rates CNBC
- Stocks Rise as Powell’s Remarks Reinforce Fed Bets: Markets Wrap Bloomberg.com
- Powell Hints at End of Campaign to Shrink Fed’s Treasury Holdings The Wall Street Journal
- Dow, S&P 500 rise after strong bank results, Powell comments Reuters
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