- The Federal Reserve's balance sheet has passed $4T for the first time after rising $14.1B this week to $4.01T.
- The milestone comes as the central bank plans to scale back its bond-buying program to $75B a month from $85B. Prior to this third round of QE in September 2012, the central bank held $2.82T in assets. Its balance sheet has quadrupled since 2008.
Fed holdings sail past $4T
Dec 20 2013, 05:16 ET