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Fed Balance Sheet Explodes By $300BN As Bank Bailouts Lead To Record Discount Window Surge

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 […] Source
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