UPDATE 1-U.S. Fed Balance Sheet Shrinks Below $2 Trillion - Congoo

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UPDATE 1-U.S. Fed balance sheet shrinks below $2 trillion

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Forbes.com | July 02, 2009

NEW YORK, July 2 (Reuters) - The U.S. Federal Reserve's balance sheet shrank below $2 trillion for the first time since early March in the latest week, signaling less strain in the financial system, Fed data showed on Thursday. The Fed's balance sheet liabilities -- a broad gauge of its lending to t...

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