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Risks Lie Ahead for Fed’s QT Program | Presented by CME Group

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May 8, 2024

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On May 1, the Federal Reserve announced plans to lower the monthly cap on the value of Treasuries it will allow to mature without being reinvested. While markets had anticipated the policy adjustment, the floor for balance sheet reduction was significantly lower than expected. Is the Fed moving toward the end of their current QT program, and if so what are the risks for the broader economy? Presented by @cmegroup

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