06/10/18

The Fed's QE Unwind Reaches $285 Billion



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The Fed's QE Unwind Reaches $285 Billion
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Authored by Wolf Richter via WolfStreet.com,

The "up to" begins to matter for the first time.

The Fed released its weekly balance sheet Thursday afternoon. Over the four-week period from September 6 through October 3, total assets on the Fed's balance sheet dropped by $34 billion. This brought the decline since October 2017, when the QE unwind began, to $285 billion. At $4,175 billion, total assets are now at the lowest level since March 5, 2014:

During QE, the Fed bought Treasury ....

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