22-06-2023, 02:29 PM
The Fed began trimming its balance sheet of those assets, from its peak near $9 trillion. This so-called “quantitative tightening”, combined with higher interest rates, is designed to temper inflation by raising borrowing costs, weakening loan demand, and slowing economic growth.
https://www.usbank.com/investing/financial-perspectives/market-news/federal-reserve-tapering-asset-purchases.html#:~:text=The%20Fed%20began%20trimming%20its,its%20peak%20near%20%249%20trillion.&text=This%20so%2Dcalled%20%E2%80%9Cquantitative%20tightening,demand%2C%20and%20slowing%20economic%20growth.
https://www.usbank.com/investing/financial-perspectives/market-news/federal-reserve-tapering-asset-purchases.html#:~:text=The%20Fed%20began%20trimming%20its,its%20peak%20near%20%249%20trillion.&text=This%20so%2Dcalled%20%E2%80%9Cquantitative%20tightening,demand%2C%20and%20slowing%20economic%20growth.