The Federal Reserve is likely to allow its Bank Term Funding Program to expire on March 11, 2024, rather than renew the banking crisis-era lending program, according to commentary from Wrightson ICAP.
Borrowing from the Federal Reserve’s emergency funding program dried up, even dropped, after policymakers suddenly slammed the door on a risk-free arbitrage trade just weeks ahead of the facility’s ...
A Federal Reserve lending facility crafted this March to support ailing banks is looking better than ever after the central bank’s dovish pivot last week as the expectation of aggressive interest-rate ...
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