Stocks Manage Gains, But Banks Drop Again, and TikTok’s CEO Takes on Capitol Hill 3/23/23
CNBC's "Fast Money"
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The Fed Balance Sheet Goes Up $400 Billion in the Last Two Weeks
The Fed's balance sheet went up by $94 billion in the week ending on Wednesday. The new bank term funding program where you can take your paper and get it financed at 100 treasuries and mortgage-backed securities, that is only. 10% of a dollar. That goes up additionally by $37 million to $179 billion. If you compare what happened last week, what happened this week, Foreign Central Bank's also repode $60 billion at the Federal Reserve.
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