June 14, 2017 / 7:44 PM / in a month

Fed could start reducing balance sheet "relatively soon" - Yellen

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WASHINGTON, June 14 (Reuters) - The Federal Reserve could begin trimming its holdings of bonds "relatively soon," Fed Chair Janet Yellen said on Wednesday.

"We could put this into effect relatively soon," Yellen told a news conference, referring to the Fed's plan to reduce reinvestments of maturing securities later this year. (Reporting by Jason Lange; Editing by Chizu Nomiyama)

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