25 billion doesn’t sound sufficient given that most banks will have exposure to the requirements of Dodd-Frank.
Is this just misdirection to prevent banks getting run?
the new Bank Term Funding Program allowing banks to "loan" bonds to the fed at par despite their mark to market decline is just another name for QE infinity.
https://www.federalreserve.gov/newsevents/pressreleases/monetary20230312a.htm
we have now entered the last level of the game.
this is the most difficult and longest level.
🪖
boss fight up next
Discussion
yes this is a psychological game for the markets