(Reuters] – New York Federal Reserve Bank president John Williams suggested Monday that the central bank could consider selling mortgage-backed security in the future to help it achieve its aim to orient its balance sheets largely around Treasuries.

Williams stated that MBS sales were not being considered for the initial stages of the Fed’s balance sheet reduction plan. However, he said that the target of 35 billion per month in MBS redemptions was a big number. Williams last week stated that the Fed should raise interest rates by 50 basis point at their next two meetings. This sentiment was repeated on Monday.