Fed balance sheet grows at slowest pace in 2 months
The U.S. Federal Reserve’s balance sheet
reached another record high of roughly $6.77 trillion this week,
but the pace of the central bank’s accumulation of assets was
the slowest in two months as demand eased for some of the
emergency measures it has taken to blunt the economic impact of
the coronavirus outbreak.
reached another record high of roughly $6.77 trillion this week,
but the pace of the central bank’s accumulation of assets was
the slowest in two months as demand eased for some of the
emergency measures it has taken to blunt the economic impact of
the coronavirus outbreak.
Posted by Reuters
