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MNI POLICY: Fed Assets Post 1st Rise in 5W,.....>

FED
FED: MNI POLICY: Fed Assets Post 1st Rise in 5W, Main St Aid Opens
- The Fed's balance sheet edged up for the first time in five weeks, data
released Thursday showed, and the first trickle of long-awaited "Main Street"
lending began. The Fed's portfolio grew USD38 billion to USD6.96 trillion. The
weekly growth was driven by a USD37 billion increase in mortgage-backed
securities and a USD22 billion increase in Treasuries. FX swaps continued to
roll off, with a weekly decrease of USD24 billion to USD155 billion, down from
highs of USD450 billion in late May.
- For full story see MNI Main Wire at 23:09 BST 07/16 or contact
sales@marketnews.com for access.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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