TechFlow news, October 30 — According to Jinshi Data, the Federal Reserve said on Wednesday it will end its reduction of its $6.6 trillion balance sheet, as evidence shows liquidity conditions in money markets have begun tightening and bank reserve levels are declining. The Fed stated that starting December 1, it will seek to stabilize its holdings of Treasury securities by rolling over maturing Treasury debt rather than allowing up to $5 billion in Treasury holdings to run off each month. The Fed also said it will maintain its current plan to allow up to $35 billion in mortgage-backed securities to mature each month—a target not reached in over three years—but from December 1, will reinvest the principal payments from all maturing mortgage-backed securities into U.S. Treasuries.
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