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FED Balance Sheet: Difference between revisions
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=== April 2023 === | === April 2023 === | ||
Total assets dropped by $59 billion in the week of May 4, and by $230 billion in the six weeks since peak bank bailout, to $8.50 trillion. <ref>https://www.federalreserve.gov/releases/h41/20230504/</ref> | Total assets dropped by $59 billion in the week of May 4, and by $230 billion in the six weeks since peak bank bailout, to $8.50 trillion. <ref>https://www.federalreserve.gov/releases/h41/20230504/</ref> | ||
* Treasury notes and bonds: -$49 billion for the week, -$549 billion from the peak in June 2022, to $5.22 trillion. In all of April, $58 billion in Treasury securities rolled off, just under the cap of $60 billion. | * Treasury notes and bonds: -$49 billion for the week, -$549 billion from the peak in June 2022, to $5.22 trillion. In all of April, $58 billion in Treasury securities rolled off, just under the cap of $60 billion. | ||
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* Bank Term Funding Program (BTFP): -$6 billion in the week to $76 billion. | * Bank Term Funding Program (BTFP): -$6 billion in the week to $76 billion. | ||
* Repos with “foreign official” counterparties: paid off in the prior week. This was likely the program that the Swiss National Bank used to provide dollar-liquidity support for the take-under of Credit Suisse by UBS. | * Repos with “foreign official” counterparties: paid off in the prior week. This was likely the program that the Swiss National Bank used to provide dollar-liquidity support for the take-under of Credit Suisse by UBS. | ||
=== May 2023 === | |||
Total assets held by the Fed dropped by $50 billion in the week of June 2, to $8.38 trillion, down by $118 billion for the month and by $348 billion in the 10 weeks since peak-bank-crisis.<ref>https://www.federalreserve.gov/releases/h41/20230601/</ref> The Fed balance sheet is now agaon at the level it was before the banking crisis started. | |||
From the historic peak of the balance sheet in April 2022, total assets have dropped by $580 billion. <ref>https://wolfstreet.com/2023/06/01/feds-balance-sheet-plunged-by-348-billion-in-the-10-weeks-since-peak-bank-crisis-and-by-580-billion-since-qt-started/</ref> | |||
* Treasury notes and bonds: -$58 billion for the month, -$607 billion from the peak in June 2022, to $5.16 trillion. | |||
* MBS: -$17 billion for the month, -$182 billion from peak, to $2.56 trillion | |||
* Discount Window: nearly paid off, down to $4 billion. | |||
* Bank Term Funding Program (BTFP): ended may at $94 billion. | |||
* Loans to FDIC: -$40 billion for the month to $188 billion. | |||
== References == | == References == | ||