The Fed held $1.643 trillion today.
http://www.federalreserve.gov/releases/h41/current/
They held $1.663 trillion on September 29, 2011.
http://www.federalreserve.gov/releases/h41/20110929/
My quick, back of the envelope, calculation shows they hold $20 billion less than one year ago.
Rather than get into a mathematical pissing contest, let me just say that your statistics come from the same bunch of clowns that give us the unemployment rate, the rate of inflation and the weekly jobs statistics.
There is no way in hell that the Fed can be QEing us to death and end up holding less than a year ago. They are reclassifying categories and moving stuff from one column to another. No less a slight of hand than a government that claims $1/2 Trillion in Fannie/Freddie liabilities aren’t part of the deficit. Or that there is some mythical “surplus” of SS funds because the money was loaned to and spent by the federal government and in return this “trust fund” is populated with a bunch of less than worthless IOUs that aren’t even required by law to be paid back.
Enough of my rant. The Fed is buying a shitload of Treasuries. They can call it want they want, it’s happening.
It’s like sticking a hose up your butt and breathing your own farts and calling it oxygen.