The Federal Reserve prepares this balance sheet report to help further its commitment to transparency about actions taken in connection with two of its key functions—conducting monetary policy to meet its congressional mandate of maximum employment and price stability as well as promoting financial stability. The report contains a snapshot of Federal Reserve actions and activity in managing its balance sheet, including

  • an overview of the Federal Reserve's balance sheet trends;
  • a review of changes in key Federal Reserve assets; and
  • a review of changes in key Federal Reserve liabilities.

For prior editions of this report—which was published from June 2009 to August 2012 as the "Federal Reserve Monthly Report on Credit and Liquidity Programs and the Balance Sheet"—and other resources, please visit this page.

For prior editions of this report—which was published from November 2012 to August 2020 as the "Quarterly Report on Federal Reserve Balance Sheet Developments"—and other resources, please visit this page.

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Last Update: November 05, 2021