Citation :
Fed's May FOMC statement: 50bp rate hike Balance sheet runoff starts June 1 QT: $47.5bn in June, $95bn in July Highly attentive to inflation risks" including from war in Ukraine & China lockdowns Labor market to remain robust with appropriate tightening Starting June 1 & for 3 months, monthly redemption caps at: $17.5bn for MBS $30bn for Treasuries Starting September, redemption caps at: $35bn for MBS $60bn for Treasuries
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