Banks borrowed $11.04bn from Fed discount window in week to Oct 14, third straight rise

Banks borrowed $11.04bn from the Federal Reserve's discount window in the week to 14 October, crossing the $10bn line for the third consecutive weekly rise, up 126% since late August. Repo remains calm with SOFR 3 basis points under the rate the Fed pays on reserves, while reserves stand at $3.02tn and rising.

Detected & updated continuously · Source: Nebula