![Banks Are Still Drawing on the Fed for $164 Billion of Emergency Cash](https://cdn.newsserve.net/ONPglobe256.png)
Banks Are Still Drawing on the Fed for $164 Billion of Emergency Cash
Banks Are Still Drawing on the Fed for $164 Billion of Emergency Cash (Bloomberg) -- Banks reduced their borrowings only slightly from two Federal Reserve backstop facilities in the most recent week, a sign that institutions are taking advantage of the central bank’s liquidity in the wake of…
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