The benchmark rate for funding costs between banks can not sustain these levels…I am quite sure BURNanke is on the job…hoarding more assets, shrinking more floats and creating more collateral shortages to pump assets before the dump...
Philly Fed: State Coincident Indexes Increased in 44 States in March
(3-Month Basis)
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From the Philly Fed:
The Federal Reserve Bank of Philadelphia has released the coincident
indexes for the 50 states for March 2024. Over the past three mo...
2 hours ago