The amount of money banks borrowed from the Federal Reserve rose for the sixth week in a row and topped $100 billion for the first time in two months.
The amount of money banks borrowed from the Federal Reserve rose in early June for the sixth week in a row and topped $100 billion for the first time in two months, pointing to low-level but ongoing stress in the U.S. financial system.The Fed... The amount of money banks borrowed from the Federal Reserve rose in early June for the sixth week in a row and topped $100 billion for the first time in two months, pointing to low-level but ongoing stress in the U.S. financial system.
Borrowing from the Fed’s traditional discount window slipped to $3.17 billion from $3.97 billion in the prior week.
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