[Federal Reserve Announces Adjustment to Asset Allocation Strategy After Ending Balance Sheet Reduction on December 1] The Federal Open Market Committee (FOMC) of the Federal Reserve stated in its announcement that the plan to reduce the balance sheet will officially end on December 1, 2025. At that time, the principal payments from maturing mortgage-backed securities (MBS) will be reinvested in short-term U.S. Treasury securities. Additionally, starting on the same date, all principal payments from maturing U.S. Treasury securities will be rolled over. This adjustment aims to optimize the structure of the balance sheet and further support the achievement of monetary policy objectives.