Lessons from the Fed’s $3 trillion money printing
- The highest increase in the money printed happened during the weeks ending 25 March and 1 April, when the assets of the Fed went up by 12.6% and 10.6%, respectively
- On February 26, the size of the Federal Reserve’s balance sheet was $4.16 trillion
Over a three-and-a-half-month period, the US Federal Reserve, the American central bank, has printed a little over $3 trillion in order to counter the economic impact of covid-19. What are the lessons to be learnt from this? Mint takes a deep dive.
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