Powell: Fed Has Made a Technical Decision to Slow the Pace of Taper

BlockBeats News, on March 20, Federal Reserve Chair Powell stated in his speech that the Fed has made a technical decision to slow the pace of balance sheet contraction.

BlockBeats previously reported that the Federal Reserve will begin slowing down the pace of balance sheet reduction on April 1, with the cap on Treasury holdings decreasing from $250 billion per month to $50 billion per month, while the MBS holdings cap remains at $350 billion per month.