Bank Reserves at Fed Drop to $3 Trillion, Lowest Since Jan. 1

The US banking system’s reserves, a key factor in the Federal Reserve’s decision to keep shrinking its balance sheet, tumbled to the lowest in nearly four months.

source https://www.livemint.com/market/stock-market-news/bank-reserves-at-fed-drop-to-3-trillion-lowest-since-jan-1-11746138036055.html