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tw0122

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tw0122

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Saturday, 05/20/2023 7:23:44 AM

Saturday, May 20, 2023 7:23:44 AM

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Banks not able to payback emergency loans.
Not only did BTFP use go up, Primary Credit use doubled this week to more than $9b. If this had happened in, say, late February it would've been a much bigger deal. This should be zero not going back up. Banks aren't able to repay emergency borrowings. pic.twitter.com/J4QRBE8Dsb
— Jeffrey P. Snider (@JeffSnider_AIP) May 19, 2023
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