Bank Reserves Fall to $2.92 Trillion, the Lowest Level Since April

Reserve balances at the Fed fell to $2.925 trillion in the week ended August 26, the lowest since April, as Treasury cash and portfolio runoff drained the banking system.

Reserve balances at the Fed fell to $2.925 trillion in the week ended August 26, the lowest since April, as Treasury cash and portfolio runoff drained the banking system.