The Federal Reserve’s balance sheet reduction plan calls for selling a total of $10 billion per month of treasury, agency and mortgage-backed securities starting in 2017Q4. One can keep track of their progress by monitoring the H41 filings.
With the 2017Q4 results in, they apparently have not met their self-determined goal despite aggressively selling assets in the last two weeks:
According to the Federal Reserve’s plan, the rate of selling in 2018Q1 is supposed to double the rate of 2017Q4. We will of course monitor their progress.