Fed’s balance sheet could reach $9 trillion by end of 2022, NY Fed report estimates By Reuters

© Reuters. FILE PHOTO: People walk wearing masks outside The Federal Reserve Bank of New York in New York City, U.S., March 18, 2020. REUTERS/Lucas Jackson/File Photo

(Reuters) – The Federal Reserve’s ongoing asset purchases could lead the central bank’s portfolio to grow to $9.0 trillion by the end of 2022, according to projections https://www.newyorkfed.org/medialibrary/media/markets/omo/omo2020-pdf.pdf released by the New York Fed on Monday.

The forecasts, issued as part of an annual report conducted by the markets team at the New York Fed, assume that the U.S. central bank continues buying bonds at the current pace of $120 billion a month through the end of 2021. They also assume that those purchases will slowly decline to zero by the end of 2022.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

!function(f,b,e,v,n,t,s)
{if(f.fbq)return;n=f.fbq=function()
{n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments)};
if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′;
n.queue=[];t=b.createElement(e);t.async=!0;
t.src=v;s=b.getElementsByTagName(e)[0];
s.parentNode.insertBefore(t,s)}(window, document,’script’,
‘https://connect.facebook.net/en_US/fbevents.js’);
fbq(‘init’, ‘751110881643258’);
fbq(‘track’, ‘PageView’);

by : Reuters

Source link

Capital Media

Read Previous

After Blackouts, Texas Moves to Make Power Plants Weatherize By Bloomberg

Read Next

Orange Summer Challenge 2021 :  Orange Digital Center, Google, Sisley et Paprec prêts à accompagner votre green start-up