Vol. 4, No. 6, 1978

Some Insights on Member Bank Borrowing
Last Updated: 11/30/78
The amount of member bank borrowings at the Federal Reserve banks has averaged about $1.2 billion for the past six months, ranging between $500 million and $1.7 billion on a weekly average basis. This compares with the less than $100 million level that prevailed between late 1975 and early 1977.