Fed’s balance sheet spikes by almost $300 billion in a week

At its peak in 2022 the Fed's steadiness sheet hit a excessive of $8.9T. Over the past 12 months they acquired this right down to round $8.3T.

Nonetheless for the reason that fallout of SVB, in below every week, the Fed's steadiness sheet has risen again over $8.6T and is now on tempo to make new all time highs by subsequent week.

Supply: https://fred.stlouisfed.org/sequence/WALCL

I might often share an article, however I can't actually discover anybody reporting on this.