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US Fed says balance sheet trimmed as soon as May

The US Federal Reserve should begin trimming its balance sheet as early as next month, New York Federal Reserve President John Williams said on Saturday, in what would be a major step in its push for monetary tightening. In a speech at Princeton University, Williams said that tightening is urgent in the face of “acute” risks posed by soaring inflation — risks exacerbated by Russia’s invasion of Ukraine, the COVID-19 pandemic, and ongoing labor and supply shortages. “I expect that this ...
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Founding Stories of Famous Electronic Distributors, Part 3

In Parts 1 and 2 of this article, I discussed the founding stories of two early pioneers in electronic component distribution (Sager and Allied) and two post-war distributors (TTI and Digi-Key). These stories came from a new book published by the ECIA (Electronic Components Industry Association) titled “Electronic Component Industry Evolution: 100 Years of the…
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