The Federal Reserve announced Friday that its balance sheet soared to $4 trillion by the end of last year. In efforts to revive the United States economy, the nation’s central bank made immense asset acquisitions of $1.1 trillion as part of its monthly $85 billion quantitative easing … [Read more...]
Balance Sheet
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Balance Sheet Also termed statement of financial condition. Contains a summarized outline of owners' equity, assets and liabilities. … [Read more...]
