Here’s a breakdown of the trillions worth of pandemic stimulus already unleashed in the U.S.

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$5.3 trillion worth of pandemic aid has been passed by Congress over the past 14 months, including expanded unemployment benefits and direct payments to households.

The massive scope of aid used by the U.S. government to help blanket the economy during the pandemic can be hard to imagine.

It tracks the $5.3 trillion worth of fiscal pandemic-aid packages passed by lawmakers in Washington over the past 14 months, including to help provide expanded unemployment benefits and direct payments to households. But after helping keep rates low and credit flowing throughout the crisis though its slate of emergency programs, the Fed last week said it would begin to sell off its corporate-debt holdings.Treasury Secretary Janet Yellen over the weekend said that a higher interest-rate environment “could actually be a plus” for society and for the Fed, which has long struggled with anemic interest rates and low inflation.

 

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