Fed Exit Fears Overstated, S&P Economist Says

Worries that the Federal Reserve’s attempt to unwind extraordinary monetary support for the U.S. economy will go awry — because the central bank is in uncharted territory — are excessively alarmist, Standard & Poor’s chief global economist Paul Sheard says in a new report. The Fed has kept offici…

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Fed Exit Fears Overstated, S&P Economist Says