Federal Reserve balance sheet, 2002 to 2026
Federal Reserve balance sheet stood at $6.7M in 2026, up 0.1% on the previous period.
The latest reading is $6.73 trillion, for June 2026, against $6.71 trillion in May 2026. The series is monthly (FRED series WALCL) and runs from January 2003.
How it is measured
Total assets of the Federal Reserve, weekly, from its own H.4.1 release, in millions of dollars. The line is the footprint of quantitative easing and tightening: when the Fed buys bonds to ease conditions its assets grow, and when it lets them mature without replacement the line falls. The data reaches us through FRED, the Federal Reserve Bank of St. Louis's data service, and originates with the Federal Reserve's H.4.1 release.
What the curve shows
The Fed's assets stand at $6.73 trillion as of June 2026, within a window from $721.3 billion (February 2003) to $8.95 trillion (April 2022). Each step up marks a crisis response, 2008 and 2020 most visibly; the slow declines are the harder, quieter work of unwinding.
Why does the Fed's balance sheet matter?
What is actually on it?
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