The most important of the Fed's decisions

Fully expected, the Fed raised the interest rate on Wednesday by 25 basis points to 1.25%, hinting for another raise by the end of the year.
In her statement, Janet Yellon confirmed her expectations of reaching a 2% inflation rate as well as further stability in the labor market.
At 4.3%, US unemployment is below the long-term stable levels.
Perhaps the more significant news, however, has come in the direction of the plans of the reserve, on reducing the record $4.5 trillion of bond yields.
In the first place, the Fed will invest in redemption of bonds at the expiration of their date of payment if it receives more than 6 billion in interest per month. From then on, the border will be raised by $6 billion a quarter to reach 30 billion a month after one year.
Ultimately, the goal is to reach a balance well below the recent years, but greater than before the financial crisis.
This, however, is a fairly wide margin for market participants, given the fact that the balance sheet was $800 billion before the financial crisis, and is currently close to $4.5 trillion.