Bloomberg Markets: Fed Asset-Shrinking to Start Next Month
Bloomberg Markets with Carol Massar and Cory Johnson.\u0010\u0010GUESTS:\u0010Damian Sassower\u0010Fixed Income Strategist\u0010Bloomberg Intelligence\u0010\u0010Dave Wilson\u0010Stocks Editor \u0010Bloomberg News \u0010\u0010Jim Caron\u0010Senior Investment Manager \u0010Morgan Stanley Investment Mgmt \u0010\u0010Matt Boesler\u0010Federal Reserve Reporter\u0010Bloomberg News \u0010Discussing Federal Reserve officials setting an October start for shrinking their $4.5 trillion stockpile of assets, moving to unwind a pillar of their crisis-era support for the economy. They continued to forecast one more interest-rate hike later this year, saying storm damage will have only a temporary impact on the economy.