The Fed acknowledged that recent inflation progress has been frustrated and the limit on Treasury bond reduction will be reduced to US$25 billion

According to BlockBeats, on May 2, Nick Timiraos, the 'Federal Reserve's mouthpiece, interpreted the FOMC statement: The Fed acknowledged in its policy statement that recent inflation progress has been frustrated, but did not change the policy guidance part. In June, the upper limit of U.S. Treasury bond reduction will be reduced from $60 billion to $25 billion.