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The Fed is considering cutting rates on reserves in ending quantitative easing

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Minutes from the Oct. 29-30 meeting of Federal Reserve officials indicate that they are considering a variety of ways to reduce the central bank's bond-buying program without withdrawing stimulus, including by cutting the rate the Fed offers on reserves. The Fed pays banks a 0.25 percent interest rate for deposits at the Fed, a practice started in 2008. Currently, banks have $2.3 trillion in...

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