Fed balance sheet tops $8 trillion for first time – data

Fed balance sheet tops $8 trillion for first time – data

© Reuters. FILE PHOTO: The Federal Reserve building is pictured in Washington, DC, U.S., August 22, 2018. REUTERS/Chris Wattie

NEW YORK (Reuters) – The Federal Reserve’s balance sheet topped $8 trillion for the first time, weekly data published on Thursday by the central bank on its holdings showed.

The report also showed the Fed appears to have sold around $160 million of its corporate debt holdings since Monday (NASDAQ:), following the announcement it would unwind its nearly $14 billion corporate credit portfolio.

As a first step, the central bank began selling its stakes in 16 bond exchange-traded funds on Monday.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Category Latest Posts