Fed Drastically Slashed Helicopter Money for Wall Street. QE Down 86% From Peak Week in March
Fed shed MBS. Loans to “SPVs” flat for fifth week. Repos in disuse. Fed still hasn’t bought junk bonds, stocks, or ETFs. But it sure sent Wall Street dreaming. By Wolf Richter for WOLF STREET. Total assets on the Fed’s balance sheet rose by only $83 billion during the week ending April 29, to $6.656 trillion. That $83 billion was … Read more