Reported 2 days ago
The U.S. Federal Reserve's bank reserves have fallen below $3 trillion, the lowest level since October 2020, marking a significant decline of approximately $326 billion in just one week. This drop is attributed to banks adjusting their balance sheets amid year-end pressures, while the Fed continues its quantitative tightening measures. As market analysts monitor the situation, concerns are rising over potential reserve shortages reminiscent of the turmoil seen in September 2019.
Source: YAHOO