Episode 724
Bank Term Funding Program Shut Down, What Happens Next
March 11, 202420m 18s
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Show Notes
Today 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 looming in the background, too.
Eurodollar University's Money & Macro Analysis
Topics
Eurodollar UniversityJeff SniderMonetary OrderCentral BanksAlhambra InvestmentsInflationDeflationEconomyDepressionRecession