Federal Reserve Balance Sheet

The USA’s Central Bank is the Federal Reserve.

https://www.federalreserve.gov/

Run by the New Yorker, Janet Yellan

https://en.wikipedia.org/wiki/Janet_Yellen

The Growth in the Federal Reserve’s balance sheet since 2007 when the Global Financial Crisis began is best documented here:-

https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

Total assets today are at over $4,470 Billion (That is $4.470 TRILLION).

Looking at that graph:

10th Sept 2007: Assets = $886,314 MILLION
22nd May 2017: Assets = $4,470,852 MILLION

https://www.federalreserve.gov/monetarypolicy/files/quarterly_balance_sheet_developments_report_201705.pdf

One can see the US Fed buying the bad assets of the troubled banks = TARP The Troubled Asset Relief Programme.

Leave a Reply

Your email address will not be published. Required fields are marked *