Fed’s balance sheet drops by $66 billion, reaches lowest level since 2020

The Federal Reserve’s balance sheet took a serious dip, dropping by $66 billion in September. It now stands at $7.05 trillion, the lowest it’s been since 2020. Since April 2022, the Fed has aggressively trimmed down its assets, cutting $1.92 trillion from its portfolio. This slash represents 40% of the $4.80 trillion the Fed accumulated

Source: Cryptopolitan