Page 6 - 153 Billion News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Federal reserve through the discount window. the peak of the '08 crisis, banks were borrowing a bit over $100 billion. as of yesterday, they had borrowed $153 billion, more than they had at the peak of the financial crisis. doesn't mean we are in a banking crisis, it means we have a fragile and volatile system that the fed has to worry about, as you heard in tom costello's runup. the other thing is inflation. back in february when the fed last had its meeting, it was running at 3%, these dark blue bars. we divide inflation between overall inflation and what we call core, where we take out food...

Now to a fox business alert, emergency loans to banks spiking at record levels after last week's collapse of silicon valley bank and signature bank. the federal reserve giving out a record $153 billion to banks this week. that's significantly higher than the previous record of just over $# 10 -- 110 billion in loans during the 2008 financial crisis. it's also 3,000% more than what banks borrowed last week. and those are your headlines. joey: that's a lot of money. you know, in 2008 that was a big deal. everyone's like, oh, it's okay. rachel: do you know what's so funny? i watched an old speech...

Yonkers' cops and their bosses. it will be a horror scene. prosecutors say the suspect has a history of disturbing online posts. now to a fox business alert, emergency loans to banks spiking to record levels after last week's collapse of silicon valley bank and signature bank. the federal reserve giving out a record $153 billion to banks this week. that's significantly higher than the previous record of just over $110 billion in loans. that was during the 2008 financial crisis. it's the also 3,000% more than what banks borrowed last week. and yesterday during the special st. patrick's day ...

Across the board here. pac west, western alliance, all of them in the red. first republic, a very significant decline. this is really the market saying to washington, this is not enough. what's been done so far is not enough. more is going to have to be done. and what is interesting, too, is let's look at the big banks, the ones that came to the rescue are also in the red today. bank of america, citigroup, jpmorgan, wells fargo. looking at the broader markets, we see still down off the lows, though the nasdaq is only down by 0.6%, but, still, the relief rallied from yesterday has proved to be ...

Meeting. we'll see if anything changes. grateful for the reporting. let's continue the conversation. with me to share insights is dena of "the new york times." you just heard christine romans going through this wow of bringing jeremy dimon in with the fed chair and getting the other banks to sign on. if you look at the past few weeks, $153 billion borrow ed from the discount window. $12 wl from this emergency lending facilities. that's not normal. that's not normal. the question is when you look at numbers like that, meetings like this, how do you put this crisis into context? >> this crisis i...