erikbays asks:

Before 19 December 2024, will the Federal Reserve announce a change in the total cap of assets that run off its balance sheet each month?

Started Aug 23, 2024 05:00PM UTC
Closing Dec 18, 2024 08:01AM UTC

As the Federal Reserve contemplates future interest rate cuts for the latter half of 2024, the central bank has continued to reduce the level of assets on its balance sheet as part of its program of monetary "quantitative tightening," which it slowed beginning in June 2024 (US News & World Report, Investopedia, Congressional Research Service). The question will be suspended on 17 December 2024 if still open and the outcome determined using information in the statements and implementation notes release by the Federal Open Market Committee (FOMC) (Federal Reserve). As of the launch of this question, the total cap of assets was $60 billion each month, $25 billion in Treasury securities and $35 billion in agency debt and agency mortgage-backed securities (MBS) (Federal Reserve - Implementation Note 31 July 2024). A change in the amounts for Treasury securities and MBS that results in no net change from the total $60 billion will not count, and the date the change will take effect is immaterial.

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Possible Answer Crowd Forecast Change in last 24 hours Change in last week Change in last month
Yes, it will increase the total cap 0.50% 0% 0% -2.50%
Yes, it will decrease the total cap 35.50% 0% 0% -17.70%
No 64.00% 0% 0% +20.20%

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