Fed Balance Sheet Hits $8 Trillion for the First Time, US Inflation Sees Biggest Surge in 13 Years

2021-6-11 16:05

The balance sheet of the Federal Reserve has topped $8 trillion for the first time, according to the weekly data published by the US central bank on its holdings. At $8 trillion, the Fed’s assets have about doubled since it started large-scale purchases in March 2020 to combat the effect of the coronavirus pandemic.

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trillion fed time balance sheet doubled holdings