Federal Reserve meeting minutes: The head of the Federal Reserve's System Open Market Account (SOMA) said that respondents to a survey of market participants believed that the Fed's balance sheet would be $6.2 trillion, or about 20% of GDP; reserves

2025-07-10

Federal Reserve meeting minutes: The head of the Federal Reserve's System Open Market Account (SOMA) said that respondents to a survey of market participants believed that the Fed's balance sheet would be $6.2 trillion, or about 20% of GDP; reserves would reach $2.9 trillion, and overnight reverse repurchase agreement balances would remain low.