Fed’s Official Balance Sheet Just Updated: Up Almost $200 Billion Dollars In Less Than 5 Weeks!
- WallStForMainSt
Since early September 2019, the Federal Reserve’s official balance sheet is up almost $200 billion dollars in less than 5 weeks. But, we were told that repo madness was not permanent? Officially, the Fed’s balance sheet is now up $185.885 billion dollars in less than 5 weeks since the end of August 2019! And the Fed was only able to sell about 17% of its balance sheet off with QT. Monitor the Fed’s official balance sheet here:
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https://fred.stlouisfed.org/series/WALCL
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Peter Schiff’s Tweet about the Fed’s balance sheet update today: https://twitter.com/PeterSchiff/statu…
The Fed may even announce a permanent repo facility before its next scheduled meeting on October 29th and 30th:
https://www.federalreserve.gov/moneta…
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