Assets on the Fed's balance sheet November 16, 2022, $8.625 trillion
Assets on the Fed's balance sheet March 15, 2023, $8.639 trillion.
From the Federal Reserve Bank of St. Louis' FRED database:
Let us hope that the recent dip in mortgage rates incentivized enough home buying activity that the seller's mortgages to be canceled are of significant amount and in the Fed's MBS portfolios, and that the Fed will be able to retire some of the MBS's. Because the Fed doesn't dare sell that paper they never should have owned in the first place. If interested see:
- The Mortgage Backed Securities Trap The Federal Reserve Set For Itself, In One Chart
- Fed Purchases Of Mortgage Backed Securities Have Destroyed The Housing Market
- Former Philadelphia Fed Head Plosser On The Federal Reserve Balance Sheet With Comments On the Mortgage Backed Securities Portfolio
- Former Philadelphia Fed President Charles Plosser: "Why The Fed Should Only Own Treasuries"
