US Federal Reserve asset purchases are stunningly large – recent data

In the days between March 16 and April 2, the Fed has purchased

  • $935 billion in US Treasurys
  • $344 billion in mortgage bonds
Its going to take a while before the fiscal support cash flows out to the consumer and businesses, Fed might wind back a bit when this does happen.
Meanwhile, there will be more to come  from the Fed (and other central banks around the globe)
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