US Central Bank Fed's Balance Sheet Exceeds 5 Trillion Dollars

US Central Bank Fed's Balance Sheet Exceeds 5 Trillion Dollars

The US central bank Fed's balance sheet reached a record of $ 5.81 trillion as the bank purchased Treasury bonds and mortgage-backed securities to restore the market order's negative effects in the coronavirus outbreak environment. The Fed's statement increased by $ 557 US Central Bank Fed's Balance Sheet Exceeds 5 Trillion Dollarsbillion in the week of April 1. The liquidity swaps increased by $ 142.5 billion and reached $ 348.5 billion with the foreign central banks that the Fed has implemented to prevent dollar funding congestion all over the world. In an environment where investors are panicked due to the rapid spread of the virus all over the world, the US central bank has implemented some urgent liquidity programs to maintain credit flows in the financial markets and economy. The bank's current bond purchasing efforts have already overshadowed its procurement programs implemented in the past financial crisis. Through the Money Market Investment Fund Liquidity Facility, purchases increased by $ 22 billion to climb to $ 52.7 billion. Data from the Investment Company Institute, released on Thursday, showed that this program helped to stop outflows from primary money market funds.