Fed's Kaplan: Balance sheet trimming could start as soon as September - Reuters

Dallas Federal Reserve Bank President Robert Kaplan crossed the wires on Friday, via Reuters, saying that the U.S. central bank could begin to allow its $4.5 trillion balance sheet to shrink as soon as September. He further added that at the same time, while the U.S. is near full employment, inflation has been muted and that he would like to see more progress before raising U.S. interest rates further.