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MNI BRIEF: Powell Says MBS Sales Not Under Consideration

(MNI) WASHINGTON

The Federal Reserve is not currently considering sales of MBS in order to speed up its balance sheet runoff, Fed Chair Jerome Powell said Wednesday.

"We're not considering that and I don't expect that we will anytime soon," he told reporters.

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The Federal Reserve is not currently considering sales of MBS in order to speed up its balance sheet runoff, Fed Chair Jerome Powell said Wednesday.

"We're not considering that and I don't expect that we will anytime soon," he told reporters.

Keep reading...Show less