Banks Borrow Billions: A Monday Cash Crunch?
Update: 2025-09-15
Description
Record borrowing! US banks tapped the Federal Reserve for $18.5 billion in emergency cash, the most ever in a single day. What triggered this spike? A tidal wave of corporate tax payments and Treasury settlements created a temporary cash crunch. While not a sign of immediate crisis, this event highlights the banking system's reliance on the Fed's safety net and raises questions about the future of emergency lending.
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