U.S. Bank Reserves Drop to Lowest Level Since 2020

According to Odaily, U.S. bank reserves have fallen to approximately $2.89 trillion as of the week ending January 1, marking the lowest level since October 2020. This represents a significant weekly decrease of about $326 billion, the largest in over two and a half years, as reported by the Federal Reserve on Thursday. The decline in reserves is attributed to banks reducing balance sheet... source: https://www.binance.com/en/square/post/18438908028425?utm_source=BinanceNewsRSS