"Mechanically, the Fed will reduce its securities holdings by not reinvesting the funds it receives from maturing securities[...], which will reduce [...] the s

"Mechanically, the Fed will reduce its securities holdings by not reinvesting the funds it receives from maturing securities[...], which will reduce [...] the size of its balance sheet." https://www.stlouisfed.org/open-vault/2022/may/how-will-fed-reduce-balance-sheet https://www.stlouisfed.org/open-vault/2022/may/how-will-fed-...