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Investors brace for turbulence as Fed balance sheet shrinks by $1tn
美联储缩表1万亿美元,投资者担忧冲击市场

Central bank will continue shedding Treasuries at a time of significant US government borrowing
在美国政府大量举债之际,美国央行将继续削减持有的国债。
The Fed aims to cut another $1.5tn from its balance sheet by mid-2025

The Federal Reserve’s drive to shrink its swollen balance sheet is poised to hit $1tn this month, a significant milestone in the US central bank’s attempt to reverse years of easy pandemic-era monetary policy as investors warn further reductions threaten to shake financial markets.

美联储缩减其庞大资产负债表的努力本月有望达到1万亿美元,这是美国央行试图扭转疫情时期宽松货币政策的一个重要里程碑。投资者警告称,进一步缩减资产负债表可能会动摇金融市场。

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