🚨 JUST IN: Bank reserves at the Federal Reserve fell by $21B last week, now down to $2.99T — the lowest since January.
📉 Reserves have declined for seven straight weeks, signaling tighter liquidity in the U.S. banking system.
Why this matters:
💵 Lower reserves = less cash in circulation
📈 May push short-term yields higher
⚠️ Could pressure asset prices if liquidity keeps shrinking
👀 Investors are closely watching whether this trend influences the Fed’s next rate decision
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