Fed lending to banks slows in sign financial turmoil is easing
U.S. banks reduced their reliance on two different Federal Reserve emergency lending programs this week, a sign that recent turmoil within the financial industry may be starting to fade. The latest data published by the Fed shows that banks borrowed a combined $152.6 billion in the week through…
#federalreserve #treasurys #siliconvalleybank #svb #ustreasury
