Between January 16 and January 23, the Federal Reserve's balance sheet increased by $47.5 billion. The overall size of the balance sheet reached $3 trillion.
Additional detail:
- Treasuries increased by $7.8 billion and agency debt and MBS increased by $35.6 billion.
- According to the New York Fed's tentative outright Treasury operation schedule, the desk plans to purchase approximately $45 billion in Treasury securities over the month of January.
- On January 30, the FOMC announced "the committee will continue purchasing additional agency mortgage-backed securities at a pace of $40 billion per month and longer-term Treasury securities at a pace of $45 billion per month. The Committee is maintaining its existing policy of reinvesting principal payments from its holdings of agency debt and agency mortgage-backed securities in agency mortgage-backed securities and of rolling over maturing Treasury securities at auction."