"Since the beginning of the year 2022, the Fed has increased the target range for the Federal Funds rate from close to zero to 5.25%—5.50%. At the same time, the Fed has been tapering its balance sheet (quantitative tightening), i.e., it is letting the size of its balance sheet shrink over time. In the context of the Fed’s dual mandate, argue in a single paragraph that these two actions are justified"