Fed plans to shrink its balance sheet starting 1 June to curb inflation. Details here News India (All States)

Over time, FOMC seeks to maintain securities holdings in amounts needed to implement monetary policy efficiently and effectively in its ample reserves regime.

source https://www.livemint.com/news/world/fed-plans-to-reduce-its-balance-sheet-starting-1-june-to-curb-inflation-11651689565811.html