CSIMarket
 

     
Economy
Federal Reserve

Federal Reserve Ends Bank Term Funding Program, Anticipated Impact on Markets



In a recent press release, the Federal Reserve announced the cessation of the Bank Term Funding Program (BTFP) on March 11. This program, established under Section 13(3) of the Federal Reserve Act, held significant importance in stabilizing the banking system and supporting the economy during times of stress. While the loans will continue until the program*s end, this article will delve into the facts surrounding the termination of the BTFP and assess its potential impact on the markets.
1. The BTFP will no longer provide new loans as of March 11, 2022:
The primary announcement conveyed in the press release reveals that the Federal Reserve Board has decided to halt the provision of new loans through the BTFP program after March 11. The BTFP served as an additional source of liquidity for eligible institutions but will now conclude its lending activities.

factory_night_long_exposure_industry_power_industrial_energy_global-589754 Industrial production

Drop in car production led total industrial output down


Productivity

Productivity and wages are up

Americans have earned more in fourth-quarter and productivity grew as well, as strenght in the U.S. economy becomes more evident.

images4 Retail Inventories

In January growth in retail inventories slows

The build up in inventories continues to grow but on the slower pace, mainly because of shrinking inventories at general merchandise stores by -1.1 %.

130806-F-EC705-012 Retail Sales

Retail sales accelerate in February 2024

The rate of growth in retail and food services total sales accelerated due to increase in building materials stores sales by 2.2 %.

Recently Reported Data
job-2714178__340 Employment Report

Economy gains 275,000 jobs, but the unemployment rate climbs to 3.9 %

The nonfarm payrolls grew 275,000 in February, as faster hiring puts more money in the hands of consumers, what usually leads to an increase in spending,

Job growth by Industry

Salary by Industry

Consumer Price Index

Consumer prices continued to grow in February 2024

Consumers paid more money for a broad range of goods and services last month, adding to inflationary worries.

Inflation rate, consumer prices by category

Consumer prices by category monthly change

International Trade

The Nations Trade deficit widens on falling exports according to the January 2024 data

The U.S. trade gap widened in January 2024, on the decline in exports and growth in imports.

Exports of Goods by Selected Countries & Areas

Imports of crude oil and petroleum products

Economy
under-2891888__340.jpg Construction Spending

In January 2024 growth in construction spending slows

Outlays for U.S. construction projects continue to grow but on the slower pace, mainly because of commercial construction spending by -1.67 %.

Construction spending by category

Growth in construction outlays

Economy

piggy-bank-2930506__340 Personal Income and Spending

Consumer spending loses momentum in January 2024

Consumer spending rose by the smallest amount in three months during January 2024, government data showed, in a further sign of erosion in spending momentum.

Personal income and it's spending

Quarterly personal income

Economy
Rain-Idea-Concept-Sure-Dollar-Economy-Umbrella-2904775 Gross Domestic Product

In the fourth-quarter GDP grew 3.2 %

The U.S. economy grew at a solid pace during the October-through-December period, led by growth in investments, exports and government spending.

Detailed Gross Domestic Product and related measures

Real Gross Domestic Product in numbers

Related Charts
You need to upgrade your Flash Player
Related News
chemical_storage_container_storage_stock-908301 Factory Orders

New orders fell -4.14 % in January

More detailed report on new orders from manufacturing sector, shows decline in January after a growth in December. As the wild swings in big-ticket purchases continue.

factory-2937337_960_720 Durable Goods Orders

New Orders on the rise again in December

Americans continued to buy big-ticket items after the recent pullback, but Shipments of durable goods fell by -0.35 % to $282 billions.

new_home_construction_for_sale_house_home_estate_new_architecture-498549 Housing Starts

Jan. 2024 housing starts fell by -8.8 %

The construction of new homes, as well as the issuance of new building permits declined in Jan. 2024, signaling slowdown in economic growth and decrease in business profitability.

    Recently Reported Results
new_home_construction_for_sale_house_home_estate_new_architecture-498549 Federal Reserve

Federal Reserve Ends Bank Term Funding Program, Anticipated Impact on Markets



In a recent press release, the Federal Reserve announced the cessation of the Bank Term Funding Program (BTFP) on March 11. This program, established under Section 13(3) of the Federal Reserve Act, held significant importance in stabilizing the banking system and supporting the economy during times of stress. While the loans will continue until the program*s end, this article will delve into the facts surrounding the termination of the BTFP and assess its potential impact on the markets.
1. The BTFP will no longer provide new loans as of March 11, 2022:
The primary announcement conveyed in the press release reveals that the Federal Reserve Board has decided to halt the provision of new loans through the BTFP program after March 11. The BTFP served as an additional source of liquidity for eligible institutions but will now conclude its lending activities.

Silver_Mercedes_By_Matti_Blume_(MB-one)_(Own_work)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Common Auto Sales

U.S. Auto sales fell in January, domestic manufacturers were hit hardest


Monthly, quarterly and annual vehicle sales

Vehicle production and Market share

images4 Retail Inventories

In January growth in retail inventories slows

The build up in inventories continues to grow but on the slower pace, mainly because of shrinking inventories at general merchandise stores by -1.1 %.

shopping_purse_By_Ben_Schumin_[CC-BY-SA-2.5_(http_creativecommons.org_licenses_by-sa_2.5)]_via_Wikimedia_Common Retail Sales

Retail sales accelerate in February 2024

The rate of growth in retail and food services total sales accelerated due to increase in building materials stores sales by 2.2 %.

welder_welding_industry_industrial_manufacturing_mask_metal_worker-897748 Industrial production

Drop in car production led total industrial output down


Robot_By_Luis_Villa_del_Campo_from_Madrid_Spain_[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_Commons Productivity

Productivity and wages are up

Americans have earned more in fourth-quarter and productivity grew as well, as strenght in the U.S. economy becomes more evident.

TPIRWordmark Producer Price Index

Inflation higher in February 2024

Prices increased on the faster pace again, led by growth in food, materials for manufacturing and crude petroleum prices.

Carpenter_at_the_TVAs_Douglas_dam_on_the_French_Broad_River_Tenn_pd Employment Report

Economy gains 275,000 jobs, but the unemployment rate climbs to 3.9 %

The nonfarm payrolls grew 275,000 in February, as faster hiring puts more money in the hands of consumers, what usually leads to an increase in spending,

By_Marcela_pd_via_Wikimedia_Commons Consumer Price Index

Consumer prices continued to grow in February 2024

Consumers paid more money for a broad range of goods and services last month, adding to inflationary worries.

image1 International Trade

The Nations Trade deficit widens on falling exports according to the January 2024 data

The U.S. trade gap widened in January 2024, on the decline in exports and growth in imports.

construction_By_AdamKR_[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_Commons Construction Spending

In January 2024 growth in construction spending slows

Outlays for U.S. construction projects continue to grow but on the slower pace, mainly because of commercial construction spending by -1.67 %.

wallet-1013789_960_720 Personal Income and Spending

Consumer spending loses momentum in January 2024

Consumer spending rose by the smallest amount in three months during January 2024, government data showed, in a further sign of erosion in spending momentum.

Business-Profit-Arrows-Economy-Growth-Hacking-2899885 Gross Domestic Product

In the fourth-quarter GDP grew 3.2 %

The U.S. economy grew at a solid pace during the October-through-December period, led by growth in investments, exports and government spending.

winery_storage_warehouse-901024 Factory Orders

New orders fell -4.14 % in January

More detailed report on new orders from manufacturing sector, shows decline in January after a growth in December. As the wild swings in big-ticket purchases continue.

winery_storage_warehouse-901024

images3 Durable Goods Orders

New Orders on the rise again in December

Americans continued to buy big-ticket items after the recent pullback, but Shipments of durable goods fell by -0.35 % to $282 billions.

images3

images3

images3

images3

images3

Stocks


Event Calendar

WMT's Profile

WMT's Stock Price

Financial Results

WMT's Outlook

Business Description

Fundamentals

WMT's Income

WMT's News

Suppliers

WMT's Competition

WMT's Customers

Economic Indicators

Growth Comparisons

Company Segments

WMT's EPS

WMT's Cash flow

Screening


Stock Performance Screening

Growth Rates

Profitability

Valuation Ranking

Dividend Screening

Financial Strength Ranking

Efficiency

Expectations

Management Effectivness

Glossary

Financial Terms

Technical Analysis

Fundamental Analysis

Energy Terms

Manufacturing Terms

Transportation Terms

Health Care

Insurance Terms

Economy Terms

Hotel & Leisure Terms

Economy


Advance Monthly Sales

Consumer Price Index CPI

Producer Price Index PPI

Retail Inventories

Personal Income

Gross Domestic Product GDP

Money Supply

Industrial Production

Productivity

Employment Situation

US International Trade

Factory Orders

Durable Goods

Construction Spending

Housing Starts

Vehicle Unit Sales

Industries


At a Glance

Performance

Growth Rates

Profitability

Valuation

Financial Strength

Markets


At a Glance

Stocks

Cryptocurrencies

Sectors & Industries

Commodities

Currencies

News

At a Glance

Stocks

Economy

Help


Sitemap

Advertise

About us

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com