Fed officials divided on when to begin balance-sheet unwind

FEDERAL RESERVE OFFICIALS were split on when and how to shrink the Federal Reserve's balance sheet, minutes from the Fed's June meeting showed. / BLOOMBERG FILE PHOTO/JOSHUA ROBERTS
FEDERAL RESERVE OFFICIALS were split on when and how to shrink the Federal Reserve's balance sheet, minutes from the Fed's June meeting showed. / BLOOMBERG FILE PHOTO/JOSHUA ROBERTS
NEW YORK - A divided Federal Reserve policy committee couldn’t reach an agreement in June on the timing of when to begin shrinking its massive…

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