[The Federal Reserve Announces the End of Quantitative Tightening Policy on December 1] The Federal Reserve's Federal Open Market Committee (FOMC) has issued a statement, deciding to officially end the balance sheet reduction plan on December 1, 2025. Currently, the Federal Reserve is reducing $5 billion in U.S. Treasury securities (UST) and $35 billion in mortgage-backed securities (MBS) each month. This policy adjustment marks a significant shift in the Federal Reserve's monetary policy and may have profound impacts on market liquidity and asset prices.