Between May 8 and May 15, the Federal Reserve's balance sheet increased by $29.8 billion.

Federal Reserve Assets (Uses of Funds)

Additional detail:

  • The most notable change in assets came from holdings of U.S. Treasuries, which increased by $10.2 billion, and agency debt and MBS, which increased by $31.1 billion.
  • According to the New York Fed's tentative outright Treasury operation schedule, "The Desk plans to purchase approximately $44 billion in Treasury securities over the month of May. This amount is approximately $1 billion less than the stated pace of $45 billion per month, given that purchases conducted in April exceeded the target by approximately $1 billion."