Change in Bank Deposits from Peak #chartoftheday (via @KobeissiLetter) US Banks have lost a record-breaking $870bn in deposits since the Fed started raising rates (~$2.5bn per day) . Meanwhile, money market funds have seen nearly $1 trillion of inflows over the last year. – Chart Of The Day

Change in Bank Deposits from Peak #chartoftheday (via @KobeissiLetter) US Banks have lost a record-breaking $870bn in deposits since the Fed started raising rates (~$2.5bn per day) . Meanwhile, money market funds have seen nearly $1 trillion of inflows over the last year.

Chart Of The Day

October 6, 2023

Chart Of The Day