Advertisement HOME > NEWS > Fed's balance sheet could reach $9 trillion by end of 2022, NY Fed report projects Fed's balance sheet could reach $9 trillion by end of 2022, NY Fed report projects Reuters | May 24, 2021 08:21 PM EDT People walk wearing masks outside The Federal Reserve Bank of New York in New York City, U.S., (Photo : REUTERS/Lucas Jackson/File Photo) The Federal Reserve's ongoing asset purchases could lead the central bank's portfolio to grow to $9.0 trillion by the end of 2022, according to projections https://www.newyorkfed.org/medialibrary/media/markets/omo/omo2020-pdf.pdf released by the New York Fed on Monday. Reserve balances could peak at $6.2 trillion by the end of 2022 and then steadily decline, according to the forecasts, issued as part of an annual report conducted by the markets team at the New York Fed.