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Fed Open Market Committee to reduce net asset purchases
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Banking, Financial Stability, Nonbank Financial
Tuesday, February 1, 2022
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The Federal Reserve’s Federal Open Market Committee reaffirmed its “Statement on Longer-Run Goals and Monetary Policy Strategy.”
In an effort to support the continuing economic recovery, the committee also determined it would continue to reduce its net asset purchases. And although it kept its policy interest rate near zero, stated an increase would soon be appropriate.
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