Employment News
Federal Reserve’s Balance Sheet Hits Record High
By EmploymentCrossing | Dated: 06-03-2011
Federal data released by the government showed that the Federal Reserve’s balance sheet swelled to a record high of $2.72 trillion in the latest week responding to the purchase made by central bank in an effort to stimulate the investment and economic activity of the country. The purchase made was a part of the $600 billion program aimed at supporting the economy.
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Fed balance sheet hits fresh record size
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