As of March 22, the Fed s balance sheet surged by nearly $94.5 billion — a $297 billion increase from the last week when the banking crisis started.Overall, the U.S. central bank s liabilities increased by $393 billion in the last two weeks to $8.734 trillion. That is closer to the all-time high of $8.95 trillion a year ago when the Fed started its quantitative tightening program and reduced its assets by $600 billion.