Quick Take The Federal Reserve’s balance sheet has seen another sizeable reduction this past week, shedding approximately $40 billion. This now brings the balance sheet’s cumulative contraction to around $1 trillion from its peak. At its zenith, the balance sheet surged to an unprecedented $8.96 trillion. Currently, it stands at a slightly more modest $7.86 […]
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The shrinking giant: Fed’s balance sheet down by $1T