FX.co ★ Fed Trims Balance Sheet to $6.746 Trillion, Signaling Ongoing Quantitative Tightening

The U.S. Federal Reserve’s balance sheet edged lower to $6,746 billion, down from a previous level of $6,754 billion, according to data updated on 29 October 2026. The modest decline underscores the Fed’s continued commitment to reducing the size of its holdings after years of balance sheet expansion.

While the week-on-week move is relatively small in absolute terms, the direction of change remains consistent with a policy stance aimed at gradually withdrawing liquidity from the financial system. The latest figures will be closely watched by investors and analysts as they assess how the pace of balance sheet reduction may influence funding conditions, financial markets, and the broader economic outlook in the United States.