|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||124.19 - 124.48|
|52 Week Range||121.46 - 126.81|
|PE Ratio (TTM)||N/A|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
In its June meeting, FOMC (Federal Open Market Committee) members detailed plans to shrink the $4.5 trillion balance sheet.
After the July FOMC meeting statement was released, market participants came to believe that the Fed would begin the process of balance sheet normalization soon.