Fed balance sheet tops $5 trillion for first time as it enters coronavirus war mode
By Editor - Thu Mar 26, 3:26 pm
The Fed’s total balance sheet size exploded by more than half a trillion dollars in a single week, roughly twice the pace of the next-largest weekly expansion in the financial crisis in October 2008. As of Wednesday, the Fed’s stash of assets totaled $5.3 trillion, according to data released on Thursday.
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