NEW YORK (Reuters) - U.S. Federal Reserve's balance sheet expanded in the latest week, Fed data released on Thursday showed.
The Fed's balance sheet - a broad gauge of its lending to the financial system - stood at $2.848 trillion on July 4, down from $2.846 trillion the previous week.
The Fed's holdings of Treasuries totaled $1.666 trillion as of July 4, versus $1.667 trillion the previous week.
The Fed's overnight direct loans to credit-worthy banks via its discount window averaged $16 million a day during the week versus $27 million a day previously.
The Fed's ownership of mortgage bonds guaranteed by Fannie Mae
The Fed's holdings of debt issued by Fannie Mae, Freddie Mac and the Federal Home Loan Bank system totaled $91.48 billion, unchanged from the prior week.
(Reporting By Steven C. Johnson; Editing by Padraic Cassidy)