Federal Reserve emergency lending fell on the week

USD139bn vs. 148bn the previous week.

Federal Reserve Balance Sheet USD 8.665tln

  • prior 8.682tln

Discount Window borrowing 67.6bn

  • prior 69.7bn

BTFP 71.8bn

  • prior 79bn

Foreign Repo Use 30bn

  • prior 40bn

Bank borrowing from the Fed's discount window and emergency program set up after Silicon Valley Bank's failure. Hefty numbers still, but heading in the right direction.

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