Federal Reserve Pauses Tightening as Emergency Lending Hits $300 Billion

Federal Reserve Pauses Tightening as Emergency Lending Hits $300 Billion
The Federal Reserve Board building on Constitution Avenue in Washington on March 27, 2019. Brendan McDermid/Reuters
Andrew Moran
Updated:
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The Federal Reserve balance sheet has surged to its highest level since November as the central bank attempts to avert the contagion of the banking crisis.

The Fed’s balance sheet for the week ending March 15 increased by $297 billion, hitting a five-month high of $8.639 trillion.

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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