(Reuters) - The Federal Reserve's balance sheet shrank in the latest week, partly due to a decline in its holdings of mortgage-related securities, Fed data released on Thursday showed.
The fall in holdings of agency debt and mortgage-backed bonds came as the Fed this week reinstated its program of purchasing Treasuries in a bid to lower long-term interest rates and support the economic recovery, which has shown signs of weakening.
The balance sheet -- a broad gauge of Fed lending to the financial system -- fell to $2.297 trillion in the week ended Aug 18 from $2.310 trillion the previous week. Read more http://www.reuters.com/article/idUSTRE67I5B520100819
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