The size of the Fed's balance sheet has dropped to around US$7.5 trillion, with a total balance sheet reduction of US$1.2 trillion over the past year.
According to BlockBeats news, on March 11, according to data from the Federal Reserve’s official website, as of March 5, the size of the Federal Reserve’s balance sheet has dropped to US$7.538 trillion, and the cumulative balance sheet reduction has been US$1.2 trillion in the past year.
On March 10 last year, the U.S. financial regulator announced the closure of Silicon Valley Bank, and a crisis broke out in the U.S. banking industry. The Federal Reserve's balance sheet expanded for three consecutive weeks to rescue the market, and on March 21, 2023, it hit the highest balance sheet scale in the past year. $8.733 trillion.