Federal Reserve Survey Indicates Balance Sheet Reduction To Conclude By Mid-2025

According to Odaily, respondents in a Federal Reserve survey anticipate that the process of reducing the balance sheet will conclude by mid-2025, slightly later than previously expected. The economic outlook provided by Federal Reserve staff remains largely unchanged from the projections shared during the December meeting. In initial discussions on framework review, policymakers expressed openness to revising elements introduced in the 2020 document. Additionally, Federal Reserve officials emphasized the need for caution in considering interest rate cuts due to increased uncertainty.