Jake Schurmeier, portfolio manager at Harbor Capital, stated that slowing down the Algo tightening pace is a "wise decision" made by the Federal Reserve. He mentioned that in the face of uncertainties related to Washington's debt ceiling discussions, this move may keep the reserves of Bank of America at a safe level.

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机构:放慢缩表步伐可视为“明智的决定”
Institutions: Slowing down the balance sheet reduction pace can be seen as a "wise decision".
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