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Powell: Money market pressures call for immediate balance sheet adjustments

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2025-10-29 18:49:11
Fed Chairperson Jerome Powell said money market pressures called for an immediate adjustment in balance sheet operations; the next phase of balance sheet in December would be stable in the short term; there were "clear signs" that it was time to stop quantitative tightening; and the reinvestment strategy would bring the weighted average maturity closer to the stock of outstanding securities.
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