More Repo Madness & Not QE Grow Fed’s Official Balance Sheet Over $400 Billion Dollars Since August!

But I thought that everything was awesome?

The Fed’s official balance sheet is now up over $400 billion dollars ($405.645 billion to be exact) since the end of August 2019! The Fed’s balance sheet has been growing at a $25.352.81 billion dollar per week pace in the last 16 weeks since QT prematurely ended, the Fed’s official balance sheet increased by $28.539 billion dollars in the last week and in the last month the Fed’s official balance sheet is up over $100 billion dollars! YIKES!!!!

Track the Fed’s official balance sheet here: fred.stlouisfed.org/series/WALCL