According to BlockBeats, on November 8, the Federal Reserve's Federal Open Market Committee (FOMC) announced that it will maintain its current balance sheet reduction plan. This involves a monthly reduction of $25 billion in U.S. Treasury securities and $35 billion in mortgage-backed securities (MBS).
The FOMC statement highlighted that the labor market conditions have generally eased. The committee members reached a unanimous decision regarding the interest rate policy during this meeting. This decision follows the previous meeting held on November 1.