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The Federal Reserve acknowledges recent setbacks in inflation progress, the cap on treasury bond reduction will be lowered to 25 billion dollars

The Federal Reserve acknowledges recent setbacks in inflation progress, the cap on treasury bond reduction will be lowered to 25 billion dollars

Bitget2024/05/02 01:36

'Fed Mouthpiece' Nick Timiraos interprets the FOMC statement: The Fed acknowledges in its policy statement that recent inflation progress has been thwarted, but it does not change the policy guidance section. In June, the reduction limit of U.S. Treasury bonds will be lowered from 60 billion dollars to 25 billion dollars.

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