Fed May Inject Trillions Of Dollars Into US Banking System, Says JPMorganFed Likely To Inject Trillions of Dollars Into Banking System: JPMorganMarch 16 2023Story: Jai PratapTo ease the liquidity crunch, the US Federal Reserve may inject as much as $2 trillion into the banking system, as per JPMorgan Chase & Co.$2 trillion is the par amount of bonds held by US banks outside the five biggest, an analyst at JPMorgan wrote in an article Wednesday.The Fed will inject trillions of dollars via a funding program launched following a collapse of three lenders.Federal reserve aims to prevent a firesale of sovereign debt to obtain funding through its Bank Term Funding Program.“While there are still $3 trillion of reserves in the US banking system, a significant proportion of that is held by the largest banks,” the JPMorgan strategists wrote.The Bank Term Funding Program is expected to inject enough reserves into the banking system to reduce reserve scarcity.JPMorgan strategists earlier predicted that they don’t expect Fed to hike rate in March.More Crypto Stories...