Fed balance sheet tops $8 trillion for first time -data

Source: https://www.reuters.com/business/fed-balance-sheet-tops-8-trillion-first-time-data-2021-06-10/
Published: Jul 20, 2021
Author: Horse
Post Date: 2021-07-20 01:08:52 by Horse
Views: 51

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 Fed’s assets stand at $8.2 trillion.

Read more: https://www.americanactionforum.org/insight/tracker-the-federal-reserves-balance-sheet/#ixzz718D81rGs

Fed’s 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

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