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Unusual Whales Pod Ep 17: First FOMC of 2023, Powell and disinflation, and the January 25 bps rate hike with experts

Unusual Whales

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Federal Funds Borrowing - Is There a Friction?

daily borrowing and federal funds seems to be on the rise kind of rapidly. Bob Greene: It suggests that there's some friction going on in, in the financial system. He says banks are being conscious about raising their deposit rates. You get a lot of money going from R.P. And so maybe what we're seeing is we're seeing a little bit of a, a friction in that whole system where, you know, maybe the banking system is not getting quite as many deposits or financing as they want.

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