Birdwatch Note Rating
2023-07-27 19:45:37 UTC - HELPFUL
Rated by Participant: C2B2C736844EBE38B51FE2CB76152105D3721EF5E4713FCF9C295434CDE4E120
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