Bank of America and JPMorgan now expect the Fed to end quantitative tightening next week, earlier than planned
Strategists at JPMorgan and Bank of America expect the Federal Reserve to stop shrinking its roughly $6.6 trillion balance sheet this month, bringing an end process designed to remove liquidity from financial markets. According to Bloomberg, both banks had previously expected the Fed to pause in December or even early 2026, but things changed fast [...]