With balance sheet in background, markets focus on Fed#39;s rate decision

That would be a stark contrast from a year ago, when Fed Chair Jerome Powell#39;s comments that the balance sheet reduction was on "autopilot" gave investors the impression the central bank was on a strict course of tightening monetary policy, with no flexibility to tackle concerns about market liquidity or slowing global growth.

from Moneycontrol World News https://ift.tt/31ZixAC