Fed Balance Sheet #primers

This post details the components of the Fed balance sheet, how assets and liabilities interact with one another, and looks at each in a market context. We examine examples and several historical case studies.

The Fed's weekly H.4, specifically the Consolidated Statement of Condition of All Federal Reserve Banks, updates total assets and liabilities.

1) Assets
2) Liabilities
3) Case Studies
> Post-GFC QE (QE since 2008)
> 2020 FX swaps and swap lines
> TGA & RRP
> Quantitative Tightening

For those who prefer text, here is the slideshow PDF. In addition, all of this is available in text in Central Banking 101.

This is from a video course that is about two years old, and so some of the content may seem a bit dry or possibly outdated.

#primers