In dollars, the magnitude of the Fed's balance sheet actions were larger than the funding from the Federal government's TARP aid.

Question

Quizplus · Accepted Answer

The Federal Reserve's balance sheet actions were larger than the funding from TARP (Troubled Asset Relief Program) which was a program initiated by the US government to purchase troubled assets and equity from financial institutions during the 2008 financial crisis. The Fed's actions involved various measures including purchasing of securities, lending to financial institutions, and implementing quantitative easing programs to inject liquidity into the economy.

In Dollars, the Magnitude of the Fed's Balance Sheet Actions