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U.S. Fed Balance Sheet Grows To $4 Trillion

wochit business
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January 16, 2014 AT 1:32 PM
The U.S. Federal Reserve's balance sheet reached $4 trillion in the latest week as its latest stimulus program aimed to help the economy added more Treasuries and mortgage-backed securities to its holdings, central bank data released on Thursday showed. On January 15, the Fed's liabilities, which are a broad gauge of its lending to the financial system, rose to $4.029 trillion from $3.986 trillion a week earlier.