Fed balance sheet declines for fourth consecutive week – down $141B

Quick Take

• The Fed balance sheet has shrunk for the fourth consecutive week — totaling $141 billion.
• In addition, the fed balance has reversed 36% of the post-SVB liquidity injections — which contributed to $392 billion.
• Quantitative tightening and liquidity drained from the system continue as the Fed grapples with inflation.
• Meanwhile, the Fed discount window and Bank Term Funding Programme turned higher in the latest week — to a combined $143.9 billion from $139.5 billion.

The post Fed balance sheet declines for fourth consecutive week – down $141B appeared first on CryptoSlate.

Credit: Source link