NY Fed's Logan says any changes to Treasury purchases would

NY Fed's Logan says any changes to Treasury purchases would be minor and technical


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NEW YORK — Any adjustments the Federal Reserve makes to the allocation of its Treasury purchases would be technical in nature, meant to keep purchases neutral, and proportional to the broader market, a senior New York Fed official said on Thursday.
“It’s important to keep in mind that these are minor technical adjustments,” said Lorie Logan, an executive vice president at the New York Fed and the manager of the System Open Market Account.
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