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Bank Borrowings from the Federal Reserve Remain Stable, Showing Little Change Compared to Last Week

Photo by Karolina Grabowska: https://www.pexels.com/photo/hands-holding-dollars-4968639/

Borrowing from the Federal Reserve’s backstop liquidity facilities were little changed last week, even as strains in the banking sector remain in focus.

The US central bank had $96.1 billion of loans outstanding to financial institutions through two backstop lending facilities in the week through May 24, virtually unchanged from the previous week, according to data published Thursday.

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