February 12, 2013 / 5:16 PM / 5 years ago

Fed's George warns unwinding balance sheet could disrupt markets

Feb 12 (Reuters) - The Federal Reserve could disrupt markets if it actively sells large amounts of mortgage-backed securities when the time comes to tighten monetary policy, a top U.S. central bank official said on Tuesday.

Kansas City Federal Reserve Bank President Esther George said investors could also question the Fed’s commitment to its 2-percent inflation goal if inflation expectations begin to rise.

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