The Federal Reserve held interest rates steady on Wednesday, as expected, but U.S. central bank policymakers indicated they still anticipate reducing borrowing costs by half a percentage point by the ...

The Federal Reserve can keep reducing its roughly $6.7 trillion balance sheet at a slow pace because banking reserves still remain "abundant," Fed Chair Jerome Powell said Wednesday. Powell noted that ...

The central bank has shrunk its balance sheet by nearly $2.2 trillion since June 2022, with most of the liability reduction coming from the overnight reverse repurchase agreement program, or ON RRP, ...

During its meeting Wednesday afternoon, the Federal Open Market Committee voted to slow the pace of its balance sheet reduction by up to $20 billion per month. During his post-meeting press conference ...

Federal Reserve governor Chris Waller said the Fed's decision to slow its balance-sheet reduction came too early. (Sean Smith for WSJ) Federal Reserve governor Christopher Waller said the Fed's ...

dissented against the shift in the balance sheet drawdown. The Fed said that as part of the reduction in the pace of quantitative tightening, or QT, the monthly cap of Treasuries that will be ...

The Federal Reserve on Wednesday voted 11-1 to slow the reduction in its balance sheet, rolling off just $5 billion in U.S. Treasuries each month insead of its previous $25 billion target.

The tapering of QT is consistent with the Fed’s previously announced plans of balance sheet reduction. It is just the second slowdown, or tapering, following the first in June 2024, and it had ...

Many investors thought the reduction in QT was dovish, but it is simply a technical issue that results in a simpler Fed balance sheet without huge reverse repo or repo balances. However ...

dissented against the shift in the balance sheet drawdown. The Fed said that as part of the reduction in the pace of quantitative tightening, or QT, the monthly cap of Treasuries that will be allowed ...