For the Federal Reserve, what are assets? What are liabilities? The monetary base is an asset and reserves are liabilities. The monetary base is an asset and Treasury bills are liabilities. Reserves are assets and Treasury bills are liabilities. Treasury bills are assets and the monetary base is a liabilitiy.
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Home » Business » For the Federal Reserve, what are assets? What are liabilities? The monetary base is an asset and reserves are liabilities. The monetary base is an asset and Treasury bills are liabilities. Reserves are assets and Treasury bills are liabilities.