{"id":477135,"date":"2010-03-26T16:15:29","date_gmt":"2010-03-26T20:15:29","guid":{"rendered":"http:\/\/blogs.wsj.com\/economics\/2010\/03\/26\/a-look-inside-the-feds-balance-sheet-03252010-update\/"},"modified":"2010-03-26T16:15:29","modified_gmt":"2010-03-26T20:15:29","slug":"a-look-inside-the-fed%e2%80%99s-balance-sheet-%e2%80%94-03252010-update","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/477135","title":{"rendered":"A Look Inside the Fed\u2019s Balance Sheet \u2014 03\/25\/2010 Update"},"content":{"rendered":"<p><code><!-- amline script--><br \/>\n<script src=\"http:\/\/online.wsj.com\/public\/resources\/documents\/swfobject.js\" type=\"text\/javascript\"><\/script> <\/code><\/p>\n<div id=\"flashcontent\" style=\"width: 100%; float: left;\"><strong>You need to upgrade your Flash Player<\/strong><\/div>\n<p><script type=\"text\/javascript\"><!--\n                        \/\/ < ![CDATA[\n                        var so = new SWFObject(\"http:\/\/online.wsj.com\/public\/resources\/documents\/info-FEDBALANCE0904_F_.swf\", \"amline\", \"571\", \"250\", \"8\", \"#FFFFFF\");\n                        \/\/so.addVariable(\"path\", \"..\/amline\/\");\n                        so.addVariable(\"settings_file\", escape(\"http:\/\/online.wsj.com\/public\/resources\/documents\/info-FEDBALANCE0904_F__settings.xml\"));\n                        so.addVariable(\"data_file\", escape(\"http:\/\/online.wsj.com\/public\/resources\/documents\/info-FEDBALANCE0904_data.xml\"));\n                        so.addVariable(\"preloader_color\", \"#333333\");\n                        so.addVariable(\"path\", \"http:\/\/online.wsj.com\/public\/resources\/documents\/\");\n                        so.write(\"flashcontent\");\n\/\/ --><\/script><\/p>\n<p><!-- end of amline script --><\/p>\n<p>Assets on the Fed\u0092s balance sheet expanded again in the latest week, rising to $2.295 trillion from $2.290 trillion. With direct bank lending continuing to decline, the bulk of the increase came from the Fed&#8217;s purchases of long-term securities. More than $7 billion in new purchases of mortgage-backed securities were added to the balance sheet. The central bank is expected to end its acquisitions by the end of next week. The Fed has a little over $6 billion left to purchase this week to fulfill its $1.25 trillion allocation for MBS, according to Adam Quinones of <a href=\"http:\/\/www.mortgagenewsdaily.com\/03252010_fed_mbs_purchase_program.asp\">Mortgage News Daily<\/a>.<\/p>\n<p>In an effort to track the Fed&#8217;s actions, Real Time Economics has created an interactive graphic that will mark the expansion of the central bank&#8217;s balance sheet. The chart will be updated as often as possible with <a href=\"http:\/\/www.federalreserve.gov\/releases\/h41\/\">the latest data<\/a> released by the Fed.<\/p>\n<p>In an effort to simplify the composition of the balance sheet, some elements have been consolidated. Portfolios holding assets from the <strong>Bear Stearns <\/strong>and <strong>AIG<\/strong> rescues have been put into one category, as have facilities aimed at supporting commercial paper and money markets. The direct bank lending group includes term auction credit, as well as loans extended through the discount window and similar programs.<\/p>\n<p>Central bank liquidity swaps refer to Fed programs with foreign central banks that allow the institutions to lend out foreign currency to their local banks. Repurchase agreements are short-term temporary purchases of securities from banks, which are looking for liquidity and agree to repurchase them on a specified date at a specified price.<\/p>\n<p>Click and drag your mouse to zoom in on the chart. Clicking the check mark on categories can add or remove elements from the balance sheet.<\/p>\n<p><a href=\"http:\/\/feedads.g.doubleclick.net\/~at\/pD5O_lie1UN7znLfGt2OmpFPYYI\/0\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~at\/pD5O_lie1UN7znLfGt2OmpFPYYI\/0\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><br \/>\n<a href=\"http:\/\/feedads.g.doubleclick.net\/~at\/pD5O_lie1UN7znLfGt2OmpFPYYI\/1\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~at\/pD5O_lie1UN7znLfGt2OmpFPYYI\/1\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?a=skV2l0QKiCY:BZrqLw3MqSg:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?a=skV2l0QKiCY:BZrqLw3MqSg:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?i=skV2l0QKiCY:BZrqLw3MqSg:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?a=skV2l0QKiCY:BZrqLw3MqSg:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?i=skV2l0QKiCY:BZrqLw3MqSg:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?a=skV2l0QKiCY:BZrqLw3MqSg:qj6IDK7rITs\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/wsj\/economics\/feed?d=qj6IDK7rITs\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/wsj\/economics\/feed\/~4\/skV2l0QKiCY\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>You need to upgrade your Flash Player Assets on the Fed\u0092s balance sheet expanded again in the latest week, rising to $2.295 trillion from $2.290 trillion. With direct bank lending continuing to decline, the bulk of the increase came from the Fed&#8217;s purchases of long-term securities. More than $7 billion in new purchases of mortgage-backed [&hellip;]<\/p>\n","protected":false},"author":850,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-477135","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/477135","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/850"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=477135"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/477135\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=477135"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=477135"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=477135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}