pull down to refresh
0 sats \ 1 reply \ @_b_o_n_e_s_ 22 Dec 2023 \ on: Demand for Fed’s Bank Term Funding Facility Grows to Record High econ
https://archive.is/xhUg5
so if I read it right the banks basically are using it because they'd be stupid not to, not because they have to
they're borrowing from fed then leaving cash at fed to earn interest. 'free' money
reply