Federal Reserve Alert! 'Primary Credit' (the principal safety valve for ensuring adequate liquidity in the banking system) jumped to $7.669B for the week of October 12th, a change of 2.10% from last week and 1.87K% from 1 year ago--an average growth rate
Good Thursday 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 3.25% to the tune of $7.669 billion this week a