JPMorgan Shifts Hundreds of Billions From Fed Accounts Into Treasuries

JPMorgan Chase (NYSE: $JPM) has reduced the amount of cash it holds at the Federal Reserve, redirecting nearly $350 billion into U. S. Treasury securities as interest rates begin to fall. Regulatory filings show the shift unfolded over the past two years and coincided with a changing monetary policy environment. source: https://www.cryptoprowl.com/releases/jpmorgan-shifts-hundreds-of-billions-from-fed-accounts-into-treasuries-1631