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Bank Term Funding Program Shut Down, What Happens Next
1 year ago
533
Today (Monday March 11, 2024) is the last day for new loans from the Fed's BTFP, and there is still $165 billion being borrowed from it. In fact, that balance increased just last week. What are the implications of the shutdown? We keep coming back to the same factor which was all over last March. And with CRE (Commercial Real Estate) looming in the background, too.
Eurodollar University's Money & Macro Analysis
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