News During the week ending March 15, two Federal Reserve backstop facilities were utilized by US banks to borrow a total of $164.8 billion. The traditional liquidity backstop for banks, also known as the discount window, saw a record- high borrowing of $152.85 billion, which increased significantly from the previous week's $4.58 billion. According to a March 17 report in...
Mar 17 2023
US Banks borrow record-high $164.8B from Fed backstop facilities
| published by | Dorian Batycka |
|---|---|
| in blog | CryptoSlate |
| original entry | US Banks borrow record-high $164.8B from Fed backstop facilities |
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