UPDATE 2-Fed’s balance sheet swells to record $6.13 trillion
The Federal Reserve’s balance sheet
increased to a record $6.13 trillion this week as the central
bank used its nearly unlimited buying power to soak up assets
and keep markets functioning smoothly, even as efforts to
contain the coronavirus pandemic cut deeply into employment and
economic output.
increased to a record $6.13 trillion this week as the central
bank used its nearly unlimited buying power to soak up assets
and keep markets functioning smoothly, even as efforts to
contain the coronavirus pandemic cut deeply into employment and
economic output.
Posted by Reuters
