Minutes of the Fed meeting: Respondents surveyed by the Fed believe that the balance sheet reduction process will end in mid-2025, slightly later than previously expected.

Golden Finance reported that the minutes of the Federal Reserve's January monetary policy meeting showed that several participants indicated that it might be appropriate to pause or slow down the reduction of the balance sheet before resolving the debt ceiling issue. Respondents surveyed by the Fed believe that the balance sheet reduction process will end around mid-2025, slightly later than previously expected.