$RESPPANWW Fed Balance Sheet at 2020 Level Before QE

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Very interesting chart to watch here RESPPANWW

Clearly shows we're still in QT, but obviously markets have been pumping.

The Fed balance sheet is sitting at $6.9T which is the level in 2020 when the Fed continued its 2nd round of QE.

I doubt they would announce they are buying assets again at the next FOMC on 12/17, but quite possibly at the January or March 2025 meeting after Trump takes office.

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