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The Federal Reserve's balance sheet falls below the $7 trillion mark.
Golden Data November 8th news, the total size of the Federal Reserve's balance sheet fell below 7 trillion US dollars, for the first time since August 2020, indicating that the Fed's balance sheet reduction has reached about 2 trillion US dollars. The Fed previously stated in its latest statement that it will maintain the size of the balance sheet, namely reducing 250 billion US dollars of US Treasuries and 350 billion US dollars of MBS per month.