Fed balance sheet tops $5 trillion for first time as it enters coronavirus war mode


Image source : reuters.com
The U.S. Federal Reserve's balance sheet soared past $5 trillion in assets for the first time this week as it scooped up bonds and extended loans to banks, mutual funds and other central banks in its unprecedented effort to backstop the economy in the face of the global coronavirus pandemic.
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Fed balance sheet increases to record $5.86 trillion
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