Members of the Federal Reserve are preparing to begin reducing the size of the central bank's balance sheet soon after raising interest rates, the minutes of the latest Federal Open Market Committee meeting revealed.
The minutes of the December 14-15 meeting, released on Wednesday, showed participants had initial discussions about the appropriate conditions and timing for reducing the Fed's approximately $8.8 trillion portfolio of Treasury and mortgage securities.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.