quick take
- The Fed’s balance sheet shrank for the fourth straight week, totaling $141 billion.
- Moreover, the Fed’s balance reversed 36% of liquidity injections after SVB. This contributed to his $392 billion.
- Quantitative tightening and liquidity flowing out of the system continue as the Fed tackles inflation.
- Meanwhile, the Fed’s discount window and Bank Term Funding Program rose to a total of $143.9 billion last week from $139.5 billion.
Post-Federal Reserve Balance Sheet Falls for 4th Week in a Row – $141 Billion Drop First Appears on CryptoSlate.
