Not all Federal Reserve officials supported reducing the balance sheet contraction process.

Reported 6 months ago

The Federal Reserve's meeting minutes revealed that not all officials supported the decision to slow the pace of the balance sheet drawdown, with some indicating they could have backed maintaining the current rate or slightly higher caps on Treasury securities redemptions. Most Fed members have expressed favor for the plan to reduce quantitative tightening, with the Fed aiming to have a balance sheet settle between $6 trillion and $6.5 trillion by 2025. Despite uncertainties, officials are focused on smoothly managing the reduction process to monitor market conditions effectively.

Source: YAHOO

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