31st March 2023

  • Fed Officials See More Work on Inflation Despite Bank Strains

Boston Fed’s Collins favors sticking at gradual 25 bps pace

Minneapolis’s Kashkari says service sector still not slowing

https://blinks.bloomberg.com/news/stories/RSCEOOT0AFB4

  • Cash Stashed in Funds Instead of Banks Fuels US Slump Risks

More than $5 trillion has been plowed into money-market funds

Smaller banks are bearing the brunt of the exodus by savers

https://blinks.bloomberg.com/news/stories/RSCM8CT0AFB4

  • Fed Foreign Repo Facility Use Falls as Bank Funding Strains Ebb

Usage of FIMA dropped to $55 billion from record $60 billion

Central bank received no bids for US Standing Repo Facility

https://blinks.bloomberg.com/news/stories/RSCP5MDWX2PT

  • Fed’s Emergency Loans to Banks Fall in Sign of Easing Turmoil

Borrowing fell to $152.6 billion in the week through March 29

Lending through new program rises, discount loans fall

https://blinks.bloomberg.com/news/stories/RSCTRNT1UM0W

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