Potential Adjustments to Fed's Quantitative Tightening Plan Anticipated

According to Odaily, Tickmill Group analyst Monnelli has suggested in a report that the Federal Reserve might adjust its quantitative tightening plan during its upcoming meeting. The recent meeting minutes highlighted the imminent debt ceiling issue, indicating that 'foreign exchange reserves could experience significant fluctuations in the coming months.' The market strategist noted that this situation might lead the Federal Reserve to 'consider pausing or slowing down the reduction of its balance sheet.' Any changes to the quantitative tightening plan could be perceived as a cautious and moderate signal from the Federal Reserve.