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Stocks

“Dow falls over 250 points as investors await details on Fed plans to shrink balance sheet”

“U.S. stocks were suffering a second day of declines on Wednesday, with technology and other growth shares leading the way lower as investors awaited expected details of the Federal Reserve’s plan to begin shrinking its nearly $9 trillion balance sheet.… Continue Reading…

Banking

“U.S. Fed’s balance sheet shrinks for first time since February”

“The Federal Reserve’s assets shrank this week for the first time since February, reflecting a sharp drop in currency swaps with foreign central banks and a continued slackening in demand for other emergency credit facilities. The Fed’s balance sheet –… Continue Reading…