FOMC: future balance-sheet policy discussed - Nomura

Analysts at Nomura offered a review of the FOMC minutes. Key Quotes: "FOMC minutes: In the minutes prepared for the 2-3 May FOMC meeting, the commit
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Fed's Kaplan: US cannot grow debt to boost GDP any more

Robert Kaplan, president of the Federal Reserve Bank of Dallas, is speaking in Toronto, noting that the US cannot grow debt to boost GDP any more.
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