Bank reserves at the Fed dropped -$59 billion last week to $2.93 trillion, the 2nd-lowest since January 2023
BREAKING: Bank reserves at the Fed dropped -$59 billion last week to $2.93 trillion, the 2nd-lowest since January 2023. This nearly matches the 2023 low of $2.93 trillion, just before the regional banking crisis. Reserves are now on track for …