#Fed’s balance sheet expansion continues, albeit at a reduced pace as Fed has cut Treasury buying by $20bn. Total assets rose by another $22.6bn to $8,788.3bn, just $2bn shy of an ATH. Fed’s balance sheet is now equal to 37.9% of the US’s GDP vs ECB’s 82%, BoJ’s 135%. h/t Holger Zschaepitz
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