The U.S. economic media said that the Federal Reserve System, the central bank of the United States, started unrestricted quantitative easing in response to Corona 19, and the Fed's assets exceeded the record-high record of $ 5 trillion and US $ 6,100 trillion. CNBC broadcasts reported.

The Fed's holdings are 5 trillion and 300 billion won as of the 25th.

This is in excess of the $ 4.55 trillion mark, which was the highest in mid-May 2016.

In particular, the Fed's holdings have soared 12.4% in the past week as of the 25th.

Among them, the purchase of US $ 250 billion in Treasury bonds and the purchase of mortgage-backed securities MBS worth US $ 19 billion was included.

Also, the size of currency swaps with third countries increased from $ 22.5 billion a week ago to $ 261 billion.

In response to the Corona 19 response on the 15th, the Fed decided to purchase a $ 700 billion government bond and MBS by cutting the base interest rate from 1.00 to 1.25% to 0.00 to 0.25%.

On the same day, the Fed cut the swap rate by 0.25 percentage points in relation to the existing dollar swap agreements with the European Central Bank, the Bank of Canada, the Bank of England, the Bank of Japan, and the Swiss Central Bank, and added 84 to the existing weekly swap operation. We decided to provide a job expiration operation.

The Fed decided to purchase unlimited government bonds and MBS on the 23rd as the financial market continued to fluctuate.

On the 19th, it announced that it had signed a currency swap agreement with the central banks of nine countries including the Bank of Korea.

The Fed previously conducted a so-called 'quantitative easing' to buy funds in bulk by buying federally issued or guaranteed bonds to revive the economy after the global financial crisis in 2008.

Since October 2017, we have been working on 'quantitative tightening' in such a way that we do not repurchase bonds with maturity.

It is also predicted that the Fed will purchase US Treasury bonds and MBS indefinitely to respond to Corona19, and the assets will reach 10 trillion dollars.

"The Fed's holdings are expected to double this year's holdings," said Bank of America Global Research's Mag Cabana.