The Federal Reserve will begin tapering its balance sheet on April 1st.

Blockbeats
03-20

BlockBeats News, March 20th, according to the Federal Reserve's FOMC statement, the Fed will begin to slow down the pace of its balance sheet reduction starting on April 1st.

The statement stated that the Fed will reduce the cap for Treasury holdings from $250 billion per month to $50 billion per month, while the MBS holdings cap will remain at $350 billion per month. (FXStreet)

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