[Fed's balance sheet falls below $7 trillion] Golden Finance reported that the total size of the Fed's balance sheet fell below $7 trillion for the first time since August 2020, which means that the Fed has reduced its balance sheet by about $2 trillion in this round. The Fed previously stated in its latest statement that it would maintain the scale of balance sheet reduction unchanged, that is, reduce its holdings of US Treasury bonds by $25 billion and MBS by $35 billion per month.