Bill Nelson on the Fed’s Discount Window Lending, the Overnight Reverse Repo Facility, and the Shifting Size of the Fed’s Balance Sheet
Macro Musings with David Beckworth
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The Fed's Support for the Bank's Balance Sheet
The Fed is continuing to roll off securities off its balance sheet but because of this assistance in the banking turmoil that we've seen in March it has expanded its balance sheet. The primary credit of the discount window lending was at if I'm reading this right 88 billion and then other credit extension so this would be lending to the FDIC to banks they're being sorted through in this process 180 billionSo total around 340 billion dollars through fed lending now one question I have Bill and we're going to get into the particulars of each of those different programs but have we removed the stigma of discount window lending? It's not obvious to me that these are the numbers that you'd see maybe you'd see more
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