#Banks have shored up #liquidity by borrowing from FHLBs, #DiscountWindow and #BTFP , which has helped to maintain healthy market functioning even as #funding costs have risen somewhat, notes @GoldmanSachs
#banks #liquidity #discountwindow #btfp #funding
#Banks took an all-time high $152.9bn from #Fed 's traditional lender-of-last resort facility known as the #discountwindow as of Wed., while also taking $11.9bn in loans from Fed 's newly created Bank Term Lending Program, chart @ReutersBiz https://cutt.ly/o4pIdjr
Analogy of the day: that the #FederalReserve's #discountWindow is like #TacoBell: it's open later than anything else, but you might feel some shame about it.
from #Bloomberg's #OddLots #podcast
#federalreserve #discountwindow #tacobell #bloomberg #oddlots #podcast #econ #finance
Analogy of the day: that the #FederalReserve's #discountWindow is like #TacoBell: it's open later than anything else, but you might feel some shame about it.
#federalreserve #discountwindow #tacobell #bloomberg #econ #finance #oddlots