UPDATE 1-Fed’s balance sheet at $6.7 trln, but growth pace down sharply
The Federal Reserve’s balance sheet
increased to a record $6.70 trillion this week, but the pace of
expansion slowed dramatically as key credit markets have calmed
since a firestorm of volatility sparked by the coronavirus
pandemic drove the central bank to take emergency measures last
month.
increased to a record $6.70 trillion this week, but the pace of
expansion slowed dramatically as key credit markets have calmed
since a firestorm of volatility sparked by the coronavirus
pandemic drove the central bank to take emergency measures last
month.
Posted by Reuters
