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The Daily Hodl 2023-10-28 03:08:53

$100,000,000,000 in Deposits Exit US Banking System in Three Weeks As Fed Survey Says Banks Face Financial Stability Risks

People and businesses are withdrawing billions of dollars in deposits from US banks as a new survey details concern on the state of the financial sector. The latest numbers from the Federal Reserve Economic Data (FRED) system show that deposits in all US commercial banks suffered a $100 billion decline in three weeks – from The post $100,000,000,000 in Deposits Exit US Banking System in Three Weeks As Fed Survey Says Banks Face Financial Stability Risks appeared first on The Daily Hodl .

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