2018 Economic Calendar
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Fed Balance Sheet  
Released On 1/4/2018 4:30:00 PM For wk1/3, 2018
Level$4.449 T$4.444 T
Total Assets - Weekly Change$1.2 B$-5.0 B
Reserve Bank credit - Weekly Change$9.4 B$-10.1 B

For the January 3 week, the Fed balance sheet (weekly change in total assets) decreased $5.0 billion after increasing $1.2 billion in the prior week.

The weekly decrease is centered in Treasury notes and bonds which fell $6 billion.

The level of total assets for the January 3 week posted at $4.444 trillion and is down $12 billion from late September (balance sheet unwinding began in October). The Fed's holdings of U.S. Treasury securities were at $2.448 trillion in the latest week, down $17 billion from late September, while holdings of mortgage-backed securities were at $1.765 billion, up $3 billion from September.

Reserve Bank credit for the January 3 week decreased $10.1 billion after increasing $9.4 billion in the prior week.

The Fed's balance sheet is a weekly report presenting a consolidated balance sheet for all 12 Reserve Banks that lists factors supplying reserves into the banking system and factors absorbing reserves from the system. The report is officially named Factors Affecting Reserve Balances, otherwise known as the "H.4.1" report.

In September 2017, the Fed announced a program to reduce its balance sheet by the gradual reduction of both its Treasury and mortgage-backed security holdings. The monthly reductions, executed by reinvesting a decreasing amount of maturing securities, began in October 2017 and will gradually increase in size before hitting a plateau in October 2018 where they will hold until the FOMC judges that the Fed is holding no more securities than necessary. Under the schedule for 2018, the Fed's Treasury holdings will be reduced by $270 billion while holdings of mortgage-backed securities will be reduced by $180 billion.  Why Investors Care

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