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FED: Bullard continues:
Q: Liquidity provided via Repo Ops is expected to be tapered as year progresses,
is there case for this taper to be reversed?
- A: More of a technical decision from the NY desk that oversees operations.
Looking to get through April window which often prompts market volatility. Can
review policy after that period and could look to use the repo ops [to take
pressure off rate cuts].
MNI London Bureau | +44 203-865-3809 |
MNI London Bureau | +44 203-865-3809 |

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