Data Updates

Data Updates

Keeping you up to date on the latest data releases.

April 2014

  • 01.03.2011
  • The Federal Reserve Balance Sheet
  • There was very little balance sheet activity leading into the holidays. Of note, the European Central Bank increased its drawings on its currency swap line, drawing $75 million in each of the past two weeks. This was a $15 million increase from the previous four weeks. The Federal Reserve Bank of New York extended the ECB’s currency swap line, along with those for the Bank of Canada, the Bank of England, the Bank of Japan, and the Swiss National Bank, through August 1, 2011. All five swap lines were set to expire February 1, 2011. According to our calculations, another milestone was reached in the second round of large-scale asset purchases. After purchases this week, the total amount purchased for the program rose over $100 billion. Also, the value of the Treasury General Account has been rising over the past two weeks to help cope with end-of-year tax activity. That account has grown from $30 billion to $90 billion.