Biggest take away from the Fed today"Fed officials also announced that they would end an effort to slim the central bank’s massive holdings of government-backed securities in September, after slowing it down in May. The Fed accumulated $4.5 trillion worth of Treasury and mortgage-backed securities in an effort to stimulate the economy after the Great Recession."
It is well known that there is no plan for an interest rate hike in the near future but the stopping of the bond sales back to the market is troublesome. This is a massive monetary policy change compared to last December.
Seems like there's a slowdown appearing in their indicators.