Federal Reserve Bank Funding program down 40% to $102 billion; Nasdaq down 8%. BTFP to drain another $50 billion in Q3.

by
Sharing is Caring!

The anticipated trend suggests that the Bank Term Funding Program (BTFP) will likely reduce by another $50 billion in the third quarter.

See also  How the System is Rigged: The Federal Reserve as an Engine of Wealth Extraction

Implications:

  • Reduced Federal Reserve Support: The significant decline in the funding program indicates a reduction in support or liquidity provided by the Federal Reserve, which could affect market stability and liquidity.
  • Market Correlation: The drop in the Nasdaq index alongside the decrease in the funding program suggests a potential correlation between reduced Federal Reserve support and stock market performance.
  • Future Reductions: The expectation of a further $50 billion reduction in the BTFP in Q3 signals ongoing tightening measures, which might lead to continued pressure on financial markets.
See also  China's central bank injects $7 billion into markets through swap operation with major firms.

 



Views: 86

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.