{"id":26872,"date":"2023-04-27T20:57:15","date_gmt":"2023-04-27T20:57:15","guid":{"rendered":"http:\/\/lynettelockhart.com\/client\/fed-emergency-lending-to\/"},"modified":"2023-04-27T20:59:03","modified_gmt":"2023-04-27T20:59:03","slug":"fed-emergency-lending-to","status":"publish","type":"post","link":"http:\/\/lynettelockhart.com\/client\/fed-emergency-lending-to\/","title":{"rendered":"Fed emergency lending to banks ticks up modestly in latest week"},"content":{"rendered":"<p>By Michael S. Derby<\/p>\n<p>(Reuters) -Federal Reserve emergency lending to banks rose modestly in the latest week and remained at very high levels, even as many central bankers argue the worst of the banking sector&#8217;s latest stresses are waning. <\/p>\n<p>The central bank said that borrowing through three programs aimed at ensuring banks have the liquidity they need rose to $325.6 billion as of Wednesday, from $316.5 billion on April 19. That number was down from the peak hit on March 22, when banks borrowed $343.7 billion in the wake of several high-profile bank failures. <\/p>\n<p>Most of the Fed lending continued to come through credit extended to Federal Deposit Insurance Corporation efforts to wind down troubled banks, which fell to $170.4 billion on Wednesday, from the prior week&#8217;s $172.6 billion. <\/p>\n<p>But borrowing via the discount window ticked up to $73.9 billion from April 19&#8217;s $69.9 billion, while credit extended through the Bank Term Funding Program stood at $81.3 billion on Wednesday, from $74 billion the prior Wednesday. <\/p>\n<p>The Fed also noted that its repo facility for foreign central banks and other official institutions fell to zero in the latest week from $20 billion the week before. <\/p>\n<p>The total size of the Fed&#8217;s balance sheet moved to $8.613 trillion from April 19&#8217;s $8.643 trillion. <\/p>\n<p> (Reporting by Michael S. DerbyEditing by Chris Reese and Deepa Babington)<\/p>\n<p><a href=\"http:\/\/lynettelockhart.com\/client\/fed-emergency-lending-to\/file-photo-federal-reserve-building-is-pictured-in-washington-7\/\"><img decoding=\"async\" src=\"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2023binary_LYNXMPEJ3Q0Z9-VIEWIMAGE.jpg\" alt=\"tagreuters.com2023binary_LYNXMPEJ3Q0Z9-VIEWIMAGE\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Michael S. Derby (Reuters) -Federal Reserve emergency lending to banks rose modestly in the latest week and remained at very high levels, even as many central bankers argue the worst of the banking sector&#8217;s latest stresses are waning. The central bank said that borrowing through three programs aimed at ensuring banks have the liquidity [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":26873,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[1213],"tags":[1223],"class_list":["post-26872","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-u-s-business","tag-updated"],"jetpack_featured_media_url":"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2023binary_LYNXMPEJ3Q0Z9-VIEWIMAGE.jpg","_links":{"self":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/26872","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/comments?post=26872"}],"version-history":[{"count":2,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/26872\/revisions"}],"predecessor-version":[{"id":26881,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/26872\/revisions\/26881"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media\/26873"}],"wp:attachment":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media?parent=26872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/categories?post=26872"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/tags?post=26872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}