Japan stocks set to trade lower following Dow's overnight rebound

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The Dow Jones Industrial Average jumped nearly 200 points overnight stateside.

"As we make substantial further progress toward our goals, we'll gradually roll back the amount of Treasurys and mortgage-backed securities we've bought," Powell told NPR's "Morning Edition" in a

live interview. "We will very gradually, over time and with great transparency, when the economy has all but fully recovered, we will be pulling back the support that we provided during emergency times."

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