Ahead of the FOMC press conference

Look For a Mention, perhaps during the back and forth with the media that the central bank may feel the necessity to slow down the quantitative tightening process as the wind down of the program reaches a point along with declining overnight balances held at the Fed by the banking community where the process actually starts impacting bank reserves. This questionone would think will certainly be asked by one of the smarter members of the financial media present now that the US has suffered its first regional banking failure of 2024.