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(Bloomberg) -- The Federal Reserve said it will start shrinking its balance sheet at a slower pace starting next month, reducing the amount of bond holdings it lets roll off every month.

Federal Reserve Chair Jerome Powell said the central bank would leave its benchmark interest rate unchanged, adding that now is the time to “wait for further clarity.” Photo: Roberto Schmidt ...

WASHINGTON (Reuters) -The Federal Reserve said on Wednesday that starting next month it will slow the pace of its balance sheet drawdown amid an ongoing impasse over lifting the government’s ...