#FOMCMeeting

*"Higher for Longer" Persists:** Rates remain at a 23-year high as the Fed seeks "greater confidence" inflation is sustainably moving toward its 2% target.

2. **Slower Balance Sheet Runoff (QT):** Starting in July, the Fed will reduce the pace of its Treasury securities roll-off from $60 billion to $25 billion monthly—a move to ease liquidity pressure without halting contraction.