Federal Reserve’s banking bailouts reach a new weekly high of $103B - The Great Awakening

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Federal Reserve’s banking bailouts reach a new weekly high of $103B (cointelegraph.com)

posted 1 year ago by Trump_astic 1 year ago by Trump_astic +22 / -0

Federal Reserve’s banking bailouts reach a new weekly high of $103B

The Federal Reserve’s Bank Term Funding Program (BTFP) has reached $103 billion as embattled banks continue to rely on emergency assistance.

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– Trump_astic [S] 2 points 1 year ago +2 / -0

The Telegraph reported that it is a wider problem as after “trillions of dollars of such central bank money-printing worldwide, the chickens are coming home to roost,” with banks drowning in debts amid rising interest rates.“

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– slipwave 1 point 1 year ago +1 / -0

... with two more rate hikes planned !

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