The official also said that Treasury bill buying the Fed embarked on at the close of last year to rebuild liquidity after several years of shrinking Fed holdings will be managed flexibly going forward. It has already been reduced from buying $40 billion per month to the current pace of $10 billion.

The official also said that Treasury bill buying the Fed embarked on at the close of last year to rebuild liquidity after several years of shrinking Fed holdings will be…

Decisão será guiada por previsões para a oferta de reservas bancárias, comentários de participantes do mercado e as condições gerais do mercado monetário, afirmou