Yellen: Fed to Reiterate Plan to Cut Balance Sheet

Yellen: Fed to Reiterate Plan to Cut Balance Sheet Play

July 16 (Bloomberg) -- Federal Reserve Chair Janet Yellen reiterated the central bank's plans to reduce the size of its $4.38 trillion balance sheet as it normalizes monetary policy. She speaks in response to questions at a House Financial Services Committee hearing in Washington. (This is an excerpt. Source: Bloomberg)

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