Saturday, January 18, 2025

Tag: How Much Free Taxpayer Money is the Fed Giving to Banks?

How Much Free Taxpayer Money is the Fed Giving to Banks?

    0

    by Mish Shedlock, Mish Talk:

    The Fed pays interest to banks on reserves the Fed crammed down banks’ throat during QE. It also pay interest on Reverse Repos.

    Chart Notes

    • Data reflects end of month numbers. The latest reserve balance is from the New York Fed. The rest of the numbers are via a St. Louis Fed download.