Hints and tips:
...The process should be swifter than the Fed’s previous attempt to pare back its holdings in 2017, which had swollen due to bond-buying after the global financial crisis in 2008....
...As a young man, he wrote short stories that pare down both people and landscape to their vulnerable, undiluted essence; his descriptions of Varanasi are sublime in their economy....
...Mr Taylor has also called for the Fed to pare back dramatically its asset holdings, which have long worried conservative politicians....
...It has begun to outline how it will pare back these asset holdings....
...“From a market perspective, the risk is that the eventual shrinking of the balance sheet would lead to another ‘taper tantrum’,” said Roberto Perli, an economist at Cornerstone Macro....
...The combination of a higher dollar, wider credit spreads and lower share prices has prompted some forecasters to pare back their growth forecasts, and will give ballast to arguments by officials on the Federal...
...The turmoil in Greece has further muddied economic policy making waters in the US, as investors pare back their expectations of near-term interest rate increases by the Federal Reserve....
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