Federal Reserve data: Bank reserves rise for first time in nine weeks, above $3 trillion
2025-10-09 22:10:28
Reserves in the US banking system rose for the first time in nine weeks, topping $3 trillion. The measure is an important factor in the Federal Reserve's decision to continue shrinking its balance sheet. Bank reserves rose by about $54 billion to $3.034 trillion in the week to October 8, according to data released by the Fed on Thursday. The move follows eight straight weeks of falling reserves, the longest sustained decline since July 2020.
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