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Fed's Powell: could finalize balance sheet plan in May

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Fed's Powell: could finalize balance sheet plan in May

Federal Reserve policymakershave made "excellent progress" on their plan for reducing the central bank's nearly $9 trillion balance sheet, and could finalize details at their next policy meeting in May, Fed Chair Jerome Powell said on Wednesday.

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Fed's Powell: could finalize balance sheet plan in May

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Fed's Powell: could finalize balance sheet plan in May

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