How The Fed Is Creating The Biggest Bank Squeeze In History!
You would thnk with all the massive trillions of dollars pumped into the system in the last few years that nobody would have to borrow a penny. But, no.
The discount window at the Federal Reserve has become an increasingly popular source of finance in recent weeks. According to recently released data, discount window liquidity provided by the Fed saw record levels of borrowing during during the current period. The discount window allows approved firms to borrow from a network of regional Federal Reserve Banks, providing them with fast and reliable access to short-term funding. This surge in discount window borrowing is indicative of how many companies are relying on the Fed’s financial support as they navigate these difficult times.
Keep reading with a 7-day free trial
Subscribe to Courtney Smith On Investing to keep reading this post and get 7 days of free access to the full post archives.