US Banks Borrow $1.5 Billion From Feds Repo Facility in Sign of Minor Funding Pressure

US banks borrow $1.5 billion from Feds repo facility in sign of minor funding pressure

USA-REPO/FUNDING (PIX):US banks borrow $1.5 billion from Fed's repo facility in sign of minor funding pressure

Banks’ Borrowing From Fed Suggests Temporary Liquidity Pressure

U.S. banks’ borrowing $1.5 billion from the Federal Reserve’s Standing Repo Facility reportedly signals some liquidity pressure.