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14 Feb 2017
Fed's Yellen: Eventually will gradually stop reinvestments in balance sheet
More headlines keep hitting the wires, via Reuters, from Fed Chairwoman Janet Yellen's testimony at the semi-annual Humphrey Hawkins Testimony:
- Fed committee wants to rely on short-term interest rates as much as possible
- Says eventually will gradually stop reinvestments in balance sheet
- Fed in coming months will be discussing Fed's investment strategy on its balance sheet