Fed Unveils Plan to Pare Holdings, Hints at Another Rate Rise

World News: . []

The Federal Reserve said it would initiate in October its long-telegraphed plan to shrink the portfolio of bonds acquired after the 2008 crisis and left open the possibility of raising short-term interest rates by December.

Read More: https://www.wsj.com/articles/fed-keeps-december-rate-rise-on-the-table-eyes-slower-path-for-increases-1505930513?mod=pls_whats_news_us_business_f

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