Fed will slow the pace of its balance sheet runoff
发表于 ： 01 5月 2024, 13:47
The Federal Reserve announced Wednesday it is easing its grip on the economy by shrinking its massive, multitrillion-dollar balance sheet at a slower pace.
The central bank’s main tool is its key interest rate, but it also uses its balance sheet to either help stimulate or slow the economy, and it’s been doing the latter to fight inflation.
Starting in June, the Fed will let up to $25 billion in Treasuries from its portfolio mature each month without replacing them, down from $60 billion a month currently.
