From Dow Jones & Company:

Dallas Fed President Lorie Logan suggested slowing the pace of the Federal Reserve’s balance-sheet reduction program to avoid an abrupt halting. Logan emphasized the need for a gradual end to the program, but did not specify when it would conclude. The Fed began reducing its balance sheet in 2022, allowing $1.3 trillion in securities to mature, and may decide to slow the runoff of the balance sheet following discussions about the parameters. The balance sheet had peaked at $9 trillion as a response to the pandemic. Economists anticipate the Fed will end the program by June or December, depending on economic growth.



Read more: Fed’s Logan backs first slowing, then gradually ending, balance-sheet runoff