NEW YORK, June 10 (Reuters) - The Federal Reserve's balance sheet topped $8 trillion for the first time, weekly data published on Thursday by the U.S. central bank on its holdings showed.
At $8 trillion, the Fed's stash of assets has roughly doubled since it kicked off large-scale purchases in March 2020 when the COVID-19 pandemic erupted and brought the economy to a near standstill.
Poster Comment:
As of July 14, the Feds assets stand at $8.2 trillion.
Read more: https://www.americanactionforum.org/insight/tracker-the-federal-reserves-balance-sheet/#ixzz718D81rGs
Feds balance sheet is expected to top $9 trillion after it starts reducing its monthly asset purchases
From $900 billion to $9 trillion over 13 years and two major crises
https://www.marketwatch.com/story/why-the-feds-balance-sheet-is-expected-to-top-9-trillion-after-it-starts-reducing-its-monthly-asset-purchases-11626135642