Feb 3, 2025 · The development of quantitative easing as a go-to tool for the Fed in times of crisis has led to an unprecedented focus on one of its traditionally unremarkable aspects – the Fed total assets. Just as with any other firm, securities that the Fed purchases are considered assets and therefore are represented on the Fed’s balance sheet.

May 22, 2020 · The Federal Reserve’s balance sheet topped $7 trillion for the first time in history, according to newly released figures. AAF’s Director of Financial Services Policy Thomas Wade is tracking the Fed’s latest actions in response to the coronavirus pandemic as well as the overall magnitude of its direct interventions. While the Fed is operating a […]

Nov 17, 2023 · But readers may not have focused on the fact that the Fed is also shrinking its balance sheet, also known as quantitative tightening. Recall that in 2020 and 2021, the Fed figuratively printed $5 trillion in new cash and bought Treasury securities and mortgage-backed securities at a rate of $90 billion per month.

Jan 17, 2025 · Executive Summary . The Congressional Budget Office (CBO) has released its January 2025 Budget and Economic Outlook, which projects that federal debt held by the public will rise from 98 percent of gross domestic product (GDP) at the end of fiscal year (FY) 2024 to 100 percent of GDP by 2025, reach a new record of 107.2 percent of GDP by 2029, and continue to grow to 119 percent of GDP by 2035.

Mar 15, 2020 · The Fed disclosed in its weekly reserve balance report that it had purchased $12 million in loans via the Main Street Lending Program in its first day of operation. As some analysts question the takeup of the program, the Fed also announced that it had modified the Main Street Lending Facility to allow a wider range of non-profits to apply ...

Sep 19, 2023 · Today marks the start of a two-day Federal Open Market Committee (FOMC) meeting, at which the FOMC is widely expected to leave the target federal funds rate (the policy interest rate) unchanged. So, let us instead talk about the part of the Fed strategy that nobody is talking about: the shrinking Fed balance sheet, a.k.a. […]

Oct 22, 2024 · The final Monthly Treasury Statement for Fiscal Year 2024 showed a $1.8 trillion budget deficit for the year, the net effect of $6.8 trillion of spending and $4.9 trillion of revenue collections. At the same time, the national debt grew from 97 percent of the economy to 98 percent and interest payments on that debt grew from $659 billion to $882 billion - exceeding spending on Medicare and ...

Jan 16, 2024 · Executive Summary – The development of real-time payment networks, allowing for effectively instantaneous money transfers, was led by private industry before the surprise announcement by the Federal Reserve in 2018 of a competing, government-operated real-time payment system, FedNow. – The development of FedNow would prove to be costly, time consuming, and duplicative, and would discourage

Dec 17, 2024 · Policymakers face a series of fiscal deadlines in 2025, the first being the reinstatement of the debt ceiling on January 1, 2025. This insight walks through what the debt ceiling is, what happens when the debt ceiling is hit, and the negative consequences of a debt ceiling impasse.

Oct 24, 2024 · Introduction This tracker follows the Federal Reserve’s (Fed) total consolidated assets, held on its balance sheet, as the best indicator of the Fed’s… January 14, 2025 Insight