The Federal Reserve can keep reducing its roughly $6.7 trillion balance sheet at a slow pace because banking reserves still remain "abundant," Fed Chair Jerome Powell said Wednesday. Powell noted ...

The Federal Reserve opted to slow its balance-sheet runoff further at its March ... next step to smooth the transition from abundant reserves to a level that is somewhat above ample." ...

Fed minutes reflect some opposition to downshift in balance sheet plan Minutes show more ... meaningful insurance" against the possibility of reserves dropping quickly after a debt ceiling ...