The Fed loaned money?

$53.2 Billion: Fed Concludes First Repo In A Decade Amid Liquidity Panic

I have to get my repos and reverse repos and triple plays and all that sorted, but I think the Fed just loaned money to the banks.  Everything is panic when the Fed sets interest charges, who cares. But the Fed has crossed an equilibrium.  Sort of jumped past the point where it should have been. Seems normal to me.