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Mnuchin: Plan includes $4T of “liquidity!” for Fed

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We have to watch the details of how they actually do this:Coronavirus aid bill includes ,000 for families, trillion liquidity for Fed: Mnuchin https://t.co/rxU0CZyISx pic.twitter.com/yaYSCFhePY— Yahoo Finance (@YahooFinance) March 22, 2020 If they plan to have the Fed just "inject!" or "pump in!" T of new Reserves then Depositories are going to need either 1. significant regulatory modifications or 2. about a 0b addition of regulatory capital...

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We have to watch the details of how they actually do this:


If they plan to have the Fed just "inject!" or "pump in!" $4T of new Reserves then Depositories are going to need either 1. significant regulatory modifications or 2. about a $400b addition of regulatory capital...
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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