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The Federal Reserve's discount-window loans amounted to $6.63 billion for the week ending July 17, down from $6.80 billion the previous week. Additionally, the Fed's bank term funding loans totaled $103.2 billion for the same period, a decrease from $106.0 billion the previous week. These figures highlight ongoing stress in the banking sector. Fed's Logan emphasized that all eligible banks should be prepared for the discount window.
Banking 🏦 Stress 🚨 🔴Fed Discount-Window Loans were $6.63B in the week ending July 17th, this highlights ongoing sector stress. ⚠️ **Fed's Logan:** All eligible banks should be ready for the discount window. https://t.co/SVQasxFXkx
THE FEDERAL RESERVE'S DISCOUNT-WINDOW LOANS AMOUNTED TO $6.63 BILLION FOR THE WEEK ENDING JULY 17, DOWN FROM $6.80 BILLION THE PREVIOUS WEEK
THE FEDERAL RESERVE'S BANK TERM FUNDING LOANS TOTALED $103.2 BILLION FOR THE WEEK ENDING JULY 17, DOWN FROM $106.0 BILLION THE PREVIOUS WEEK
