Fed emergency lending to banks ticks up modestly in latest week

Kitco Media
By Reuters
Published:
Updated:
Reuters
April 27 (Reuters) - Central bank emergency lending to banks increased in the latest week, according to data released on Thursday by the Federal Reserve.


The Fed said that borrowing through three programs aimed at ensuring banks have the liquidity they need rose to $325.6 billion as of Wednesday, from $316.5 billion on April 19. That number was down from the peak hit on March 22, when banks borrowed $343.7 billion in the wake of several high profile bank failures.
(Reporting by Michael S. Derby Editing by Chris Reese)

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