The Fed’s balance sheet expanded to $2.037 trln in the latest week from $2 trln the week prior.
Treasury securities held in custody at the Fed for foreign central banks rose as well, to $2.157 trln, a rise of $just over $5 bln.
Also crossing the wires is news that the US “cash for clunkers” program will go to the scrap-yard next Monday, August 24.
