Fed Discount Window Weekly Update

This week’s Primary Credit activity at the Fed’s Discount Window:

• This week’s primary credit balance was $6.8 billion, up from $6.6 billion a week ago.

• We expect that once the Fed begins to lower its Fed Funds Rate it will do so rapidly. The Central Bank will have Fed Funds back in the 0-2% range during 2025 in our view to help the large banks reinflate their fixed income investment portfolio.

Source: Federal Reserve; TEk2day

Federal Reserve Balance Sheet: Factors Affecting Reserve Balances - H.4.1: https://www.federalreserve.gov/releases/h41/current/

---