Fed to Purchase $10B in Treasuries Monthly Under New Chair Warsh

The Federal Reserve announced last Thursday that it will purchase $10 billion per month of Treasuries, aiming to ensure the banking system has ample reserves. The decision came during Kevin Warsh's first FOMC meeting as Chairman, where he reaffirmed the central bank's tendency to grow its balance sheet.

This move suggests a continuation of the Fed's accommodative stance, with Warsh signaling no immediate shift in the policy framework. The purchase program is designed to support liquidity without altering the broader monetary policy direction.