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(Federal Reserve release H.8, Assets and Liabilities of the Commercial Banking system.) If we take a look at bank balance sheets before all the Federal Reserve actions in 2020 and beyond we find this.
This is from the Federal Reserve statistical release H.8, "Assets and Liabilities of Commercial Banks in the U.S." So the two sets of numbers are not too far off from one another.
Source: Federal Reserve Statistical Release . The more alarming increase is in the discount window lending as that is a last resort, high cost liquidity option for banks to cover deposits.
Federal Reserve officials are likely to keep their key interest rate the same on Wednesday, with the Associated Press reporting that officials are set to release quarterly economic projections ...
The Federal Reserve is planning to reduce its workforce by 10% over the next few years, according to a memo by Fed Chair Jerome Powell sent to employees on Friday.
The Federal Reserve’s incoming top banking regulator, Michelle Bowman, is seeking to review confidential ratings of the health of large banks, many of which had poor ratings last year.