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(US) Fed says 1,804 (US) banks and other institutions tapped emergency lending facility Below excerpt by Saphir. A. / Reuters (2024, April 20). Fed says 1,804 banks and other institutions tapped emergency lending facility. Yahoo Finance 'Some 1,804 depository institutions tapped the emergency lending facility set up last March in the wake of Silicon Valley Bank's collapse, amounting to about 20% of all eligible firms, the Federal Reserve said on Friday' To read full article, click here Image by freepik Legal Disclaimer: INFYNIT is providing the content here for educational purposes only. All opinions are of the original author and not an opinion of INFYNIT or any of its affiliates. #GlobalNews #FED #Banks #Lending #Facility #Emergency #US
