by Tyler Durden
Thursday, Mar 16, 2023 – 04:11 PM
Earlier today we said that with Wall Street freaking out over the latest bank crisis, everyone’s attention would be focused on today’s weekly H.4.1 update from the Fed. And they weren’t disappointed because what we found was striking.
In the week ended March 15, borrowings under the Fed’s deeply stigmatizing last-ditch liquidity facility, the Discount Window, exploded to $152.85BN, a record $148BN weekly jump to an all-time high which surpassed even the borrowings during the financial crisis!
To continue from original source; https://www.zerohedge.com/markets/fed-balance-sheet-explodes-300bn-bank-bailouts-lead-record-discount-window-surge
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