Fed loans, account guarantees helped stabilize ' deposit flows ' at regional banks, Treasury official says

They included guaranteeing the deposits of customers at the two failed banks; creating a new fund, the Bank Term Funding Program, to make short-term loans to banks on generous terms; and easing conditions at the Fed's traditional overnight bank lending arm, the so called "discount window." The…#svb #signature #saraeisen

Source: Reuters: Health - March 18, 2023 Category: Consumer Health News Source Type: news