Federal Reserve Bank of New York: Statement Regarding Reinvestment of Principal Payments From Treasury Securities, Agency Debt, and Agency Mortgage-Backed Securities
May 02, 2024
May 02, 2024
NEW YORK, May 2 -- The Federal Reserve Bank of New York issued the following statement on May 1, 2024:
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At the meeting that concluded on May 1, 2024, the Federal Open Market Committee (FOMC) decided to slow the pace of reduction of its securities holdings, consistent with its previously announced Plans for Reducing the Size of the Federal Reserve's Balance Sheet, beginning June 1, 2024. Specifically, the Committee directed the Open Market Trading Desk at the Federa . . .
* * *
At the meeting that concluded on May 1, 2024, the Federal Open Market Committee (FOMC) decided to slow the pace of reduction of its securities holdings, consistent with its previously announced Plans for Reducing the Size of the Federal Reserve's Balance Sheet, beginning June 1, 2024. Specifically, the Committee directed the Open Market Trading Desk at the Federa . . .