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Per Woofun AI, the Federal Reserve's FOMC statement reaffirms the policy of maintaining ample reserves within the banking system. The central bank has directed its open market operations department to increase securities holdings when appropriate, signaling a readiness to inject liquidity if necessary.
This directive reinforces the Fed's commitment to ensuring sufficient reserve balances to support smooth payment systems and financial stability. The emphasis on ample reserves suggests a cautious approach to balance sheet management, prioritizing systemic resilience over aggressive normalization.