Small bank deposits fall, but not by much
Published on: Monday 27 March 2023
Data: Federal Reserve; Chart: Axios Visuals While you were ducking out of the office early Friday afternoon for happy hour, the Federal Reserve released its weekly report on the U.S. banking system. Why it matters: The figures showed that amid the turmoil that's engulfed the banking sector, there was an outflow of deposits from smaller banks in mid-March — though not on a scale that appears overly worrisome. By the numbers: Deposits at U.S....
News source: https://www.msn.com/en-us/money/markets/small-bank-deposits-fall-but-not-by-much/ar-AA198sGU