Treasury's cash deposit at Fed complicates read on market liquidity, Treasury cash drawdown on debt ceiling obscuring market reserves needs ... from the Fed balance sheet peak of $9 trillion.

The Federal Reserve opted to slow its balance-sheet runoff further at its March ... next step to smooth the transition from abundant reserves to a level that is somewhat above ample." ...

1 Under QE, the Bank bought government bonds in exchange for settlement balances and, as a result, its balance sheet expanded.2, 3 Settlement balances (or reserves) are deposits that major Canadian ...

even as reserves remain abundant in the financial system. He also said the decision shouldn’t impact the size of the balance sheet over the medium term. The central bank has been winding down ...