Large Bank Loan Volumes Slump Despite Fed Reporting Massive Deposit Inflows
August 11, 2023 at 16:40 PM EDT
Money-market funds saw inflows and banks’ usage of the Fed’s emergency BTFP facility hit a new high this week, so what malarkey does The Fed have in store when it tries to explain what happened to bank deposits. Seasonally-adjusted, total deposits rose by $17.6 billion last week (the 3rd straight week on SA inflows)… Source: […] Source
