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Setting-Up a "Crash?" Federal Reserve PULLS more than HALF of Credit Available through Bank Term Funding Program (BTFP)
Today 12:29 pm
Again,*GHETTOBLASTER » 35 minutes ago » wrote: ↑ November 2024..........
"If bank's money is tied-up in Treasury Notes for a fixed term, and the federal reserve has now pulled credit from the Bank Term Funding Program, then how will banks meet their cash needs if the federal reserve won't give them the credit to get the cash from them? Answer: They won't."
March 15, 2024 "As of March 11, 2024, the Bank Term Funding Program (BTFP) has ceased making new loans.
The depository institution's will continue to go to the same place they have since 1913 for short term liquidity, The Federal Reserve Discount Window.