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$2,001,093,000,000: Fed’s Ownership Of U.S. Debt Breaks $2T For First Time

Tuesday, August 20, 2013 - 4:31 PM
The Federal Reserve’s holdings of publicly traded U.S. Treasury securities—federal government debt—pushed above $2 trillion for the first time last week, hitting approximately $2,001,093,000,000 as of Aug. 14, according to the Fed's latest accounting.

Back on Dec. 31, 2008, before the Fed began its strategy of “Quantitative Easing," the Fed owned only $475.9 billion in U.S. Treasury securities. Since then, the Fed’s holdings of U.S. government debt have more than quadrupled.

$2,001,093,000,000: Fed’s Ownership of U.S. Debt Breaks $2T for First Time | CNS News
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