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The next big market catalyst will be what the Fed says about its balance sheet this week

From cnbc.com

The market has reason to believe that the Fed is going to stop raising interest rates for a while. Less certain is what the central bank will do with the $4 trillion of bonds left on its balance sheet. That latter issue is likely to take focus Wednesday when the Federal Open Market Committee releases notes from its January meeting. At that meeting, Chairman Jerome Powell and his fellow committee members made it clear that they would be "patient" with rate hikes and that for now policy tightening will be on pause. However, while Powell indicated he would be watching how the process unfolds, there were no ... (full story)

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  • Category: Fundamental Analysis