Summary:
Treasury working to keep its account at the Fed as high and stable as practical, to reduce Reserve Assets at Depositories: Treasury Secretary Steven Mnuchin indicated the U.S. will keep issuing debt at a steady pace as he seeks to fund a possible extension of the tax filing deadline https://t.co/P4Fh34GLAn — Bloomberg (@business) March 11, 2020 While the Fed is working to increase Reserve Assets at Depositories: BREAKING: Fed boosts money it's providing to banks in overnight repo lending to 5 billion amid sell-off https://t.co/X1DPuqcceT — CNBC Now (@CNBCnow) March 11, 2020 You have these two govt fiscal/monetary entities working against each other...Who the hell is in charge?????
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Treasury working to keep its account at the Fed as high and stable as practical, to reduce Reserve Assets at Depositories: Treasury Secretary Steven Mnuchin indicated the U.S. will keep issuing debt at a steady pace as he seeks to fund a possible extension of the tax filing deadline https://t.co/P4Fh34GLAn — Bloomberg (@business) March 11, 2020 While the Fed is working to increase Reserve Assets at Depositories: BREAKING: Fed boosts money it's providing to banks in overnight repo lending to 5 billion amid sell-off https://t.co/X1DPuqcceT — CNBC Now (@CNBCnow) March 11, 2020 You have these two govt fiscal/monetary entities working against each other...Who the hell is in charge?????
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
New Economics Foundation writes Is the Labour government delivering on its promises?
John Quiggin writes Dispensing with the US-centric financial system
New Economics Foundation writes Whose growth is it anyway?
Matias Vernengo writes What is heterodox economics?
Treasury working to keep its account at the Fed as high and stable as practical, to reduce Reserve Assets at Depositories:
Treasury Secretary Steven Mnuchin indicated the U.S. will keep issuing debt at a steady pace as he seeks to fund a possible extension of the tax filing deadline https://t.co/P4Fh34GLAn— Bloomberg (@business) March 11, 2020
While the Fed is working to increase Reserve Assets at Depositories:
BREAKING: Fed boosts money it's providing to banks in overnight repo lending to $175 billion amid sell-off https://t.co/X1DPuqcceT— CNBC Now (@CNBCnow) March 11, 2020
You have these two govt fiscal/monetary entities working against each other...
Who the hell is in charge?????