By Andrew Moran New data reveal that the Federal Reserve balance sheet has surged to its highest level since November as the central bank attempts to avert the contagion of the banking crisis. The Fed’s balance sheet for the week ending March 15 increased $297 billion, hitting a five-month high of $8.639 trillion. Since climbing to an […]
Tag: Federal Reserve Bank
A Federal Reserve Bank is a regional bank of the Federal Reserve System, the central banking system of the United States. There are twelve in total, one for each of the twelve Federal Reserve Districts that were created by the Federal Reserve Act of 1913.