U.S. Fed balance sheet increases to record $6.62 trillion
The Federal Reserve’s balance sheet
increased to a record $6.62 trillion this week as the central
bank used its nearly unlimited buying power to soak up assets to
keep markets functioning amid an abrupt economic free fall due
to the coronavirus pandemic.
increased to a record $6.62 trillion this week as the central
bank used its nearly unlimited buying power to soak up assets to
keep markets functioning amid an abrupt economic free fall due
to the coronavirus pandemic.
Posted by Reuters
