Ok, wasn’t expecting that BTC pump. What happened?
Discussion
Money printer back on
Are you referring to this:
“Finally, the Federal Reserve Board on Sunday announced it will make available additional funding to eligible depository institutions to help assure banks have the ability to meet the needs of all their depositors.”
https://www.federalreserve.gov/newsevents/pressreleases/monetary20230312b.htm
“…make available additional funding…” isn’t nearly as sexy as “money printer go brrr”
Bbbrrrrrrrrrrr confirmed.
Plus effective rate hike reversal for the banks. The NPC can still eat a dick with the rates tho.