Fed Chair Powell left the central bank on track to reduce rates again at its meeting this month and suggested it could be close to ending a campaign to passively reduce its $6.6 trillion asset holdings

Core Viewpoint - The central-bank leader indicated that the Federal Reserve may be nearing the conclusion of a three-year strategy aimed at passively reducing its $6.6 trillion asset holdings [1] Group 1 - The Federal Reserve has been engaged in a campaign to reduce its asset holdings over the past three years [1] - The current asset holdings of the Federal Reserve stand at $6.6 trillion [1]