No major Fed surprises
The FOMC voted unanimously to raise interest rates by a half percentage point and announced plans to shrink the $9 trillion asset portfolio beginning June 1
wsj.com
The FOMC voted unanimously to raise interest rates by a half percentage point and announced plans to shrink the $9 trillion asset portfolio beginning June 1
wsj.com
How the FOMC statement changed:
A new line about Covid disruptions in China and increased attention on inflation risks
A new line about Covid disruptions in China and increased attention on inflation risks
The Fed will allow $30 billion in Treasurys and up to $17.5 billion in mortgage-backed securities to run off its portfolio in June, July, and August.
After that, it will allow $60B in Treasurys and up to $35B in MBS to run off the portfolio every month newyorkfed.org
After that, it will allow $60B in Treasurys and up to $35B in MBS to run off the portfolio every month newyorkfed.org
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