Fed Shrinks Balance Sheet By … $300 (At This Rate, It Will Take 14 MILLION Weeks To Unwind)
The System Open Market Account Holdings (SOMA) of the New York Federal Reserve was released on Thursday. It revealed that The Fed’s Balance sheet shrank by …. $300 over the last week.
At this rate, it will take 14,060,418,609 weeks to unwind the balance sheet.