FED selling $95 b in bonds monthly


FREE unlimited access to Reuters.com

first snippet

April 6 (Reuters) - Federal Reserve officials in March “generally agreed” to cut up to $95 billion a month from the central bank’s asset holdings as another tool in the fight against surging inflation, even as the war in Ukraine tempered the first U.S. interest rate increase.

second snippet

After months of debate, policymakers rallied around a plan to as soon as next month reduce the Fed’s holdings of Treasury bonds by up to $60 billion per month and its MBS holdings by up to $35 billion per month, with the amounts phased in over three months or slightly longer, the minutes said.