by Calculated Risk on 3/26/2009 04:26:00 PM

The Federal Reserve released the Factors Affecting Reserve Balances today. Total assets increased to $2.1 trillion.

[This] include information related to the Term Asset-Backed Securities Loan Facility (TALF). Credit was extended under the TALF for the first time on March 25, 2009.

The TALF is just getting started with $4.7 billion yesterday.


Click on graph for larger image in new window.

After spiking last year to $2.31 trillion the week of Dec 18th, the Federal Reserve assets have declined somewhat.

Now the Federal Reserve is starting to expand their balance sheet again.

Note: the graph shows Total Factors Supplying Federal Reserve Funds and is an available series that is close to assets.

Three trillion here we come! Or maybe four?