Fed minutes show some officials want to prepare for market stress
· economictimes.indiatimes.com
Federal Reserve officials noted the importance of preparing for potential bond market stress and adjusting their balance sheet. They expressed concerns over rising Treasury yields and its implications for the market. The Fed is not considering intervention unless policy transmission is threatened, according to their recent meeting minutes. Minneapolis Fed President Neel Kashkari stated that the Treasury market appears to be functioning well at present.
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