Federal Reserve Balance Sheet
Fed Total Assets — Historical Chart
$6,748,567B
▲ 1.60% YoYAug 2026
All-Time High
$8,965,487B
All-Time Low
$712,809B
Data Since
2002
Source: FRED / Federal ReserveShaded = NBER recessions
Total assets held by the Federal Reserve in billions of dollars. Near-zero before 2008; exploded to $9T during COVID-era QE. The chart tells the entire QE/QT story of the modern Fed era and is central to understanding why asset prices behaved as they did in 2009–2022.