The Zhitong Finance App learned that although people are concerned about the interest rate measures the Federal Reserve may take in 2024 and beyond, another policy area, although tedious, is equally important. This area of policy is the Federal Reserve's continued reduction in its balance sheet, called quantitative austerity.

The Zhitong Finance App learned that although people are concerned about the interest rate measures the Federal Reserve may take in 2024 and beyond, another policy area, although tedious, is equally important. This area of policy is the Federal Reserve's continued reduction in its balance sheet, called quantitative austerity.