Thursday, March 30, 2017

UPDATE 1-JPMorgan economist sees Fed shrinking balance sheet starting 2018

NEW YORK, March 30 (Reuters) - A JPMorgan economist said on

Thursday he expected the U.S. Federal Reserve to start paring

the size of its $4.5 trillion balance sheet in early 2018 with a

focus on ending its reinvestment in mortgage-backed securities.

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