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Strategies & Market Trends : World Outlook -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (40426)1/26/2024 10:02:21 AM
From: Les H  Read Replies (1) | Respond to of 51062
 
Federal Reserve has ramped up its interest rate on emergency loans
The Fed's Bank Term Funding Program will expire as scheduled on March 11, but the interest rate will rise until then

New rate on BTFP loans effectively increases rate by nearly 50 bps; change is effective immediately

forexlive.com

“Effective Immediately,” Fed Shuts Down Arbitrage Opportunity with the Bank Term Funding Program (BTFP)
by Wolf Richter • Jan 24, 2024

wolfstreet.com