The Federal Reserve's balance sheet has undergone significant changes since 2007, reflecting its response to major economic crises. From a modest *** trillion U.S. dollars at the end of 2007, it ballooned to approximately **** trillion U.S. dollars by June 2025. This dramatic expansion, particularly during the 2008 financial crisis and the COVID-19 pandemic - both of which resulted in negative annual GDP growth in the U.S. - showcases the Fed's crucial role in stabilizing the economy through expansionary monetary policies. Impact on inflation and interest rates The Fed's expansionary measures, while aimed at stimulating economic growth, have had notable effects on inflation and interest rates. Following the quantitative easing in 2020, inflation in the United States reached ***** percent in 2022, the highest since 1991. However, by *************, inflation had declined to *** percent. Concurrently, the Federal Reserve implemented a series of interest rate hikes, with the rate peaking at **** percent in ***********, before the first rate cut since ************** occurred in **************. Financial implications for the Federal Reserve The expansion of the Fed's balance sheet and subsequent interest rate hikes have had significant financial implications. In 2023, the Fed reported a negative net income of ***** billion U.S. dollars, a stark contrast to the ***** billion U.S. dollars profit in 2022. This unprecedented shift was primarily due to rapidly rising interest rates, which caused the Fed's interest expenses to soar to over *** billion U.S. dollars in 2023. Despite this, the Fed's net interest income on securities acquired through open market operations reached a record high of ****** billion U.S. dollars in the same year.

In the United States, the total financial assets held by U.S. commercial banking institutions increased year-on-year from 1990 to 2023, except in 2009 when a slight decline was observed. In 2023, commercial banking institutions held approximately 22.95 trillion U.S. dollars in total assets - a slight increase compared to the previous year. At the beginning of the time period under observation, the financial assets held by U.S. commercial banking institutions amounted to a value of around 3.3 trillion U.S. dollars.

Graph and download economic data for Money Market Funds; Total Financial Assets, Level (MMMFFAQ027S) from Q4 1945 to Q1 2025 about MMMF, IMA, financial, assets, and USA.

Graph and download economic data for Total Assets, All Commercial Banks (TLAACBW027SBOG) from 1973-01-03 to 2025-07-02 about assets, banks, depository institutions, and USA.

Graph and download economic data for Households; Total Assets, Level (BOGZ1FL192000005Q) from Q4 1987 to Q1 2025 about assets, households, and USA.

Graph and download economic data for Households and Nonprofit Organizations; Total Assets, Level (TABSHNO) from Q4 1945 to Q1 2025 about balance sheet, nonprofit organizations, assets, households, and USA.

The total financial assets of households and nonprofit organizations in the United States grew steadily since 2000, except for a drop in 2018. The value of household financial assets increased from around 34.46 trillion U.S. dollars in 2000, up to around 118.34 trillion U.S. dollars in 2023.

The value of assets held at banks in the United States increased significantly between 2002 and 2023, despite a slight drop in 2022. The assets of U.S. banks amounted to approximately ***** trillion U.S. dollars in 2023, up from ***** trillion U.S. dollars a year earlier.

In 2023, the total assets of financial institutions amounted to over ** trillion U.S. dollars, a almost ***** trillion U.S. dollar increase on a year-on-year comparison. Banking institutions held around ** trillion U.S. dollars in assets in 2023.

United States - Total Assets, All Commercial Banks was 24504.69840 Bil. of U.S. $ in July of 2025, according to the United States Federal Reserve. Historically, United States - Total Assets, All Commercial Banks reached a record high of 24593.00380 in June of 2025 and a record low of 699.56240 in January of 1973. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Total Assets, All Commercial Banks - last updated from the United States Federal Reserve on July of 2025.

Graph and download economic data for State and Local Governments; Total Financial Assets, Level (SLGTFFQ027S) from Q4 1945 to Q1 2025 about retirement, state & local, IMA, financial, assets, government, employment, and USA.

The total assets of the central bank in the United States increased considerably between 2002 and 2023, despite some fluctuations and a notable drop in 2022 and 2023. The assets of the central bank amounted to approximately **** trillion U.S. dollars in 2023, down from the peak value of *** trillion U.S. dollars in 2021.

The total assets of U.S.-chartered commercial banks grew significantly between 1990 and 2023. In the observed period, only between 2009 and 2010 did the total assets of commercial banks decrease. As of 2023, the total assets of U.S.-chartered commercial banks amounted to approximately ***** trillion U.S. dollars.

Graph and download economic data for Total Assets for Commercial Banks in South Dakota (DISCONTINUED) (SDTAST) from Q1 1984 to Q3 2020 about SD, commercial, assets, banks, depository institutions, and USA.

Graph and download economic data for Nonprofit Organizations; Total Financial Assets Held by Private Foundations, Level (BOGZ1FL164090015A) from 1987 to 2024 about nonprofit organizations, assets, private, and USA.

Graph and download economic data for Pension Funds; Total Financial Assets, Level (BOGZ1FL594090005Q) from Q4 1945 to Q1 2025 about pension, assets, and USA.

Graph and download economic data for Defined Benefit Pension Funds; Total Financial Assets, Level (BOGZ1FL594090045Q) from Q4 1945 to Q1 2025 about pension, benefits, assets, and USA.

In 2023, the Federal Reserve System stood as the world's largest central bank, with total assets surpassing 7.7 trillion U.S. dollars. Comprising 12 Federal Reserve Banks, the system's largest component, the Federal Reserve Bank of New York, held a significantly higher asset value than its counterparts. The People's Bank of China secured the second position globally, managing assets valued at approximately 6.4 trillion U.S. dollars. Following closely, the Bank of Japan ranked third with assets totaling 5.32 trillion U.S. dollars on its balance sheet.

Bank of America's retail customer assets surpassed the trillion-dollar mark in 2024, reaching 1.03 trillion U.S. dollars. This milestone reflects the bank's significant growth in consumer wealth management over the past decade, despite a slight decline from its peak of 1.13 trillion U.S. dollars in 2021.

The total assets of pension funds in the United States increased overall during the last decade. The total assets grew from around 17.9 trillion U.S. dollars in 2010, up to almost 39 trillion U.S. dollars in 2023. Yet, this was lower than the peak value observed in 2021 at over 40 trillion U.S. dollars.