May 12, 2017 / 5:54 PM / 5 months ago

Fed may adjust pace of bond run-off depending on markets -Harker

PHILADELPHIA, May 12 (Reuters) - The U.S. Federal Reserve could ramp up or down the pace with which it sheds bonds, when it eventually decides to begin trimming some of its $4.5 trillion balance sheet, a Fed policymaker said on Friday.

“We can slow the pace of that or accelerate the pace of that depending on how the market reacts,” Philadelphia Fed President Patrick Harker, a voter on monetary policy this year, told reporters. (Reporting by Jonathan Spicer; Editing by Chizu Nomiyama)

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