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Feb 6, 2014
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Hawk and dove, two Fed officials see steady cuts to QE3

/DETROIT (Reuters) – The Federal Reserve will likely continue to cut its massive bond-buying program by $10 billion at each meeting unless the economy veers sharply from expectations, two top Fed officials from opposite ends of the policy spectrum said on Tuesday.

But the two policymakers, Chicago Fed President Charles Evans and Richmond Fed President Jeffrey Lacker, disagreed on how long rates should stay low.

    • About Ann

      "Coverage includes Federal Reserve regional banks, U.S. monetary policy, interest-rate futures markets, and financial exchanges and clearinghouses serving the derivatives marketplace, including CME Group."
      Joined Reuters:
      2010
      Languages:
      English, Japanese
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