FRBは2022年以降、量的引き締め（QT）としてバランスシートの縮小を進めている。新型コロナウイルス禍で景気刺激のために行った数兆ドル規模の資産購入を巻き戻す取り組みだ。今年に入ってからはランオフの上限を減額し、縮小ペースを緩めた。

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