banking giant JPMorganthe Fed’s emergency loan program to the U.S. banking system $2 trillionclaimed to provide liquidity.
JPMorganAccording to , the Fed’s emergency loan program, along with the US economy, 2 trillion dollars A close fund can be injected. This move aims to eliminate the liquidity crunch in the economy by preventing the recent banking crises.
Moreover JPMorganstrategists still exist in the US banking system. 3 trillion dollarsHe stated that although there is a large amount of reserves, most of it is held by the largest banks.
$2 Trillion Move to the US Economy
JPMorganlaunch of a new loan program created by the Fed $2 trillion liquiditystated that it will provide
In a client note Wednesday, a group of strategists in London said: “The use of the Fed’s Bank Term Funding Program will likely be massive.” said. Strategists say that although the largest banks are unlikely to benefit from the program, the maximum use foreseen for the program They said it was close to $2 trillion.
JPMorgan This liquidity move, which was emphasized by . US officials created this program to raise funds and prevent the sale of government debt after banks went bankrupt.
JPMorgan, Bank Term Funding Programof the recent liquidity He said he needed to solve his problems. Moreover JPMorganargued that there should be sufficient reserve inflows into the banking system to reverse the tightening that took place last year.
