Birdwatch Note Rating
2023-07-27 19:56:21 UTC - HELPFUL
Rated by Participant: 64AC2FBC6EEE702B973D3F37E5268AFFA16BF3438CECCA5F0B2C93FF3EDE9D77
Participant Details
Original Note:
March-April, small banks lost approx $250bn in deposits, largely to treasury money market funds (big banks also lost deposits over this time). Since April, small banks have regained $80bn in deposits while large banks have added ~ no deposits. https://www.federalreserve.gov/releases/h8/current/default.htm
All Note Details