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In One Chart: Why an emergency Fed lending program for banks is seeing increased demand

Justin Sullivan/Getty ImagesFinancial institutions are increasingly taking advantage of an emergency program created by the Federal Reserve in March after the collapse of California’s Silicon Valley Bank.As of Wednesday, they borrowed almost $108 billion from the Fed’s Bank Term Funding Program, which was designed to provide an additional source of liquidity at times of stress, […] The post In One Chart: Why an emergency Fed lending program for banks is seeing increased demand appeared first on... Read More
Posted: Sep 15 2023, 19:31
Author Name: forextv
Views: 112597

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