Fed Loaned $160 Billion to Banks and $142 billion to FDIC. But QT-Related Roll-off Continued
by Wolf Richter, Wolf Street: At around 4.75%, plus collateral, these are expensive loans for banks. The Fed’s balance sheet through Wednesday, released today, shows to what extent the Fed has provided emergency loans at around 4.75% interest and against collateral to US banks; and how much it loaned to the FDIC which is tasked […]
Source: https://www.sgtreport.com/2023/03/fed-loaned-160-billion-to-banks-and-142-billion-to-fdic-but-qt-related-roll-off-continued/
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