Summary:
Federal Reserve Chair Janet Yellen said Tuesday that the central bank should continue to use interest payments on member bank reserve balances as its primary means of affecting short-term interest rates, rebuffing calls to return to more conventional monetary policy tools.... American BankerFed interest payments to banks are here to stay, Yellen says John Heltman
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Mike Norman considers the following as important: FED, Interest Rate, IOER, IOR, janet yellen, Monetary Policy, policy rate
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Federal Reserve Chair Janet Yellen said Tuesday that the central bank should continue to use interest payments on member bank reserve balances as its primary means of affecting short-term interest rates, rebuffing calls to return to more conventional monetary policy tools.... American BankerFed interest payments to banks are here to stay, Yellen says John Heltman
Topics:
Mike Norman considers the following as important: FED, Interest Rate, IOER, IOR, janet yellen, Monetary Policy, policy rate
This could be interesting, too:
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Federal Reserve Chair Janet Yellen said Tuesday that the central bank should continue to use interest payments on member bank reserve balances as its primary means of affecting short-term interest rates, rebuffing calls to return to more conventional monetary policy tools....American Banker
Fed interest payments to banks are here to stay, Yellen says
John Heltman