Fed data: Bank reserve balances rise for the first time in nine weeks
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最新报道：According to Bijie.com and ME, on October 10 (UTC+8), the balance of reserves in the U.S. banking system rose for the first time in nine weeks, exceeding $3 trillion. This indicator is a key consideration in the Federal Reserve's decision to continue shrinking its balance sheet. According to data released by the Federal Reserve on Thursday, bank reserves rose by approximately $54 billion to $3.034 trillion in the week ending October 8. Prior to this, reserves had fallen for eight consecutive weeks, the longest such streak since July 2020. The decline in reserves came as the U.S. Treasury increased its bond issuance to rebuild its cash balance following the July debt ceiling increase. This drained liquidity from other Fed liabilities, such as the central bank's overnight reverse repurchase agreement facility (ONRRP) and bank reserves. However, with the so-called ONRRP facility nearly depleted, commercial bank reserves held at the Fed had been declining.
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