Federal Reserve Board Chairwoman Janet Yellen speaks during a news conference. The Fed announced on Wednesday, July 26, it would keep US rates flat and begin unwinding its bond purchases soon. Photo: Reuters

Fed keeps US rates flat but expects to cut balance sheet soon

Topic |   Federal Reserve

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Federal Reserve Board Chairwoman Janet Yellen speaks during a news conference. The Fed announced on Wednesday, July 26, it would keep US rates flat and begin unwinding its bond purchases soon. Photo: Reuters
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