Federal Reserve restarts quantitative easing (QE) as balance sheet explodes in one week

Well, it has not even been a year since the Federal Reserve began trimming its balance sheet.

It turns out that the Eccles Building restarted quantitative easing (QE) in the last week, taking on approximately $300 billion in assets.

Here is a look at the more than $8.6 trillion balance sheet:

Yikes.