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Fed Balance Sheet QT: -$33 Billion in March, -$2.24 Trillion from Peak, to $6.72 Trillion, Lowest since May 2020
Total assets on the Fed’s balance sheet fell by $33 billion in March, to $6.72 trillion, the lowest since May 6, 2020, according to the Fed’s weekly balance sheet today. Since the end of QE in April 2022, the Fed’s balance sheet has declined by $2.24 trillion, or by 25%. In terms of the $4.81 trillion of pandemic QE from March 2020 through April 2022, QT has shed nearly half of them. chart Treasury securities: -$22.5 billion in March, -$1.55 trillion from peak in June 2022, or -27% since the peak, to $4.22 trillion, the lowest since July 1, 2020. In terms of the $3.27 trillion in Treasury securities piled on ... (full story)
