Federal Reserve Alert! 'Primary Credit' (the principal safety valve for ensuring adequate liquidity in the banking system) jumped to $9.14B for the week of November 23rd, a change of 16.42% from last week and 2.47K% from one year ago.
Good Tuesday afternoon r/superstonk! Neighborhood jellyfish here and I would like to discuss, 'Primary Credit'--the principal safety valve for ensuring adequate liquidity in the banking system that has banks borrowing cash from the Fed at 4% to the tune of $9.14 billion this past week