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Economic Perspectives, Vol. 4, No. 6, 1978
Some Insights on Member Bank Borrowing
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.
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