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 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
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 |   US Federal Reserve
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 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
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
READ FULL ARTICLE