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Increase in Fed balance sheet due to QE during COVID-19 2021

Published by F. Norrestad, May 27, 2021
The Federal Reserve's balance sheet ballooned following their March 15, 2020 announcement to carry out quantitative easing to increase the liquidity of U.S. banks. It reached 7.92 trillion U.S. dollars as of May 18, 2021. This measure was taken to increase the money supply and stimulate economic growth in the wake of the damage caused by the COVID-19 pandemic.

Size of the Federal Reserve's balance sheet since quantitative easing (QE) measures were introduced from March 2020 to May 2021 (in trillion U.S. dollars)

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Source

Release date

May 2021

Region

United States

Survey time period

March 11, 2020 to May 18, 2021

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