I was asked a question about the Federal Reserve actions this week. I figured I would answer in a note, rather than try and take a call while with the family at the beach. The Fed and excess cash (liquidity) in the banking system The Fed has about $2 T in cash in its reverse repo facility (RRP), and banks have another
Thoughts on the Federal Reserve
Thoughts on the Federal Reserve
Thoughts on the Federal Reserve
I was asked a question about the Federal Reserve actions this week. I figured I would answer in a note, rather than try and take a call while with the family at the beach. The Fed and excess cash (liquidity) in the banking system The Fed has about $2 T in cash in its reverse repo facility (RRP), and banks have another