Fed Balance Sheet QT: -$14 Billion in April, -$2.26 Trillion from Peak, to $6.71 Trillion, Lowest since April 2020

Quantitative Tightening has shed 25.2% of total assets. The Assets-to-GDP ratio declined to 22.4%, first seen in 2013. By Wolf Richter for WOLF STREET. Total assets on the Fed’s balance sheet declined by $14 billion in April, to $6.71 trillion, the lowest since April 2020, according to the Fed’s…