
Fed Injects $29.4B into Banking System Amidst Signs of Trouble
The Federal Reserve injected $29.4 billion into the U.S. banking system via overnight repos, its largest in over five years, signaling underlying stress in short-term funding markets despite its hawkish stance on inflation. This move suggests a cautious, pragmatic approach by the Fed to stabilize liquidity without officially shifting policy, raising questions about the sustainability of its tightening campaign amid shrinking reserves and rising Treasury issuance.



