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Fed Should Sell Bonds, Not Just Let Them Roll Off, Pozsar Says

  • Credit Suisse strategist says that would give Fed more control
  • Comment follows release of principles by monetary authority
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Federal Reserve Is a 'Prisoner' of Its New Framework, Rajan Says

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The Federal Reserve should look to reduce its balance sheet through outright sales of bonds rather than merely by allowing its holdings to mature as the central bank has indicated it plans to do, according to Credit Suisse Group AG strategist Zoltan Pozsar.