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Fed's Rosengren Calls For Trimming Balance Sheet Soon but Slowly

Bloomberg, April 19, 2017. All Rights Reserved. Federal Reserve Bank of Boston President Eric Rosengren said the central bank should shrink its out-sized balance sheet slowly enough that officials don’t need to alter the path of interest-rate increases…. Read more: https://www.bloomberg.com/news/articles/2017-04-19/fed-s-rosengren-calls-for-trimming-balance-sheet-soon-but-slowly

Fed Should Shed Bonds Soon, Keep Hiking Rates: Rosengren

Reuters, April 19, 2017. All Rights Reserved. The U.S. Federal Reserve should begin shedding its bond holdings soon but do so in a very gradual way that has little effect on its planned interest rate hikes, Boston Fed President Eric Rosengren said on Wednesday…. Read more: http://www.reuters.com/article/us-usa-fed-rosengren-idUSKBN17L276

Boston Fed President Rosengren: Balance Sheet Reduction Should Begin 'Soon'

The Street, April 19, 2017. All Rights Reserved. Boston Fed President Eric Rosengren today said that he is prepared to begin the process of reducing the Federal Reserve's vast balance sheet, according to the Financial Times.  "In my view that process could begin relatively soon, and should not significantly alter the (Federal Open Market Committee's) continuing […]

Stocks Mostly Higher, but Dow Dragged Down by IBM

Fox Business, April 19, 2017. All Rights Reserved. Economic news: Boston Federal Reserve President Eric Rosengren said at Bard College's Levy Economics Institute that he would like the Fed to start shrinking the balance sheet but at such a gradual rate (http://www.marketwatch.com/story/feds-rosengren-wants-to-shrink-balance-sheet-so-slowly-that-rate-hikes-can-continue-2017-04-19) that it doesn't disrupt the central bank's raising of interest rates. Read more: […]

FDIC's Hoenig Warns Against Scrapping a US Bankruptcy Reform

Reuters, April 19, 2017. All Rights Reserved. A top U.S. financial regulator on Wednesday warned against scrapping, as some American lawmakers urge, the "Title II" part of the 2010 Dodd-Frank legislation that created an alternative insolvency process for large firms, saying further reforms would be needed to protect the economy…. Read more: http://www.reuters.com/article/us-usa-banks-hoenig-idUSKBN17L1TO

Fed's George Says 2017 Rate Hikes Depend on Economy

Bloomberg Markets, April 18, 2017. All Rights Reserved. Federal Reserve Bank of Kansas City President Esther George discusses monetary policy and the state of the U.S. economy. She speaks with Bloomberg's Michael McKee on "Bloomberg Markets." Video: https://www.bloomberg.com/news/videos/2017-04-18/fed-s-george-says-2017-rate-hikes-depend-on-economy-video

Fed's George Says Continuing with Rate Rises Is "Necessary"

The Wall Street Journal, April 18, 2017. All Rights Reserved. Federal Reserve Bank of Kansas City President Esther George said on Tuesday the U.S. central bank needs to press forward with rate rises, adding it should also begin reducing its massive balance sheet later in the year. Read more: https://www.wsj.com/articles/feds-george-says-continuing-with-rate-rises-is-necessary-1492520723

Federal Official Backs Bond Paring This Year

CNBC, April 18, 2017. All Rights Reserved. Another Federal Reserve policymaker on Tuesday backed an emerging U.S. central bank plan to begin trimming its bond holdings later this year, as Kansas City Fed President Esther George warned against waiting too long in order to "overheat" labor markets…. Read more: http://www.cnbc.com/2017/04/18/fed-official-backs-bond-pairing-this-year.html

George Calls For Fed's Balance Sheet to Shrink on "Autopilot"

Bloomberg Markets, April 18, 2017. All Rights Reserved. Federal Reserve Bank of Kansas City President Esther George urged the Federal Open Market Committee to start shrinking its $4.5 trillion balance sheet this year, making reductions automatic and not subject to a quick reversal…. Read more: https://www.bloomberg.com/news/articles/2017-04-18/george-calls-for-fed-s-balance-sheet-to-shrink-on-autopilot

Another Fed Official Backs Paring Bond Holdings This Year

Reuters, April 18, 2017. All Rights Reserved. Another Federal Reserve policymaker on Tuesday backed an emerging U.S. central bank plan to begin trimming its bond holdings later this year, as Kansas City Fed President Esther George warned against waiting too long in order to "overheat" labor markets…. Read more: http://mobile.reuters.com/article/idUSKBN17K1J9

Another Fed Official Backs Paring Bond Holdings This Year

Nasdaq, April 18, 2017. All Rights Reserved. Another Federal Reserve policymaker on Tuesday backed an emerging U.S. central bank plan to begin trimming its bond holdings later this year, as Kansas City Fed President Esther George warned against waiting too long in order to "overheat" labor markets…. Read more: http://m.nasdaq.com/article/another-fed-official-backs-paring-bond-holdings-this-year-20170418-00756

Minsky Conference: Fed’s George Says 2017 Rate Hikes Depend on Economy