The Federal Reserve's balance sheet shrunk slightly as a lower use of commercial paper funding and a fall in central bank liquidity swaps offset higher discount window borrowing.
The Fed's asset holdings in the week ended Oct. 28 edged lower to $2.165 trillion from $2.204 trillion last week, the Fed said in a weekly report released Thursday. Total discount window borrowing rose to $109.2 billion from $107.5 billion a week earlier.