Key takeaways
- The Fed is quietly buying again, but it is not the 2020-style money printing you remember.
- At $6.75 trillion, the Fed holds about $2.99 trillion more than before the pandemic, roughly 80% larger.
- The core Personal Consumption Expenditures index, the Fed’s preferred inflation gauge, rose 3.1% in the year through September.
The Federal Reserve's balance sheet grew by roughly $2.5 billion in the week ended November 4, reaching $6.748 trillion. One week's gain is small.
