Banking crisis in one chart. Fed balance sheet jumped by $297bn, largest weekly increase since pandemic. Financial institutions took billions in short-term loans from #Fed as the industry copes w/serious crisis of confidence and liquidity. Banks borrowed $11.9bn from new BTFP. pic.twitter.com/0JHlQp4tVk

— Holger Zschaepitz (@Schuldensuehner) March 16, 2023