I guess she is saying to expect Reserve Assets to go even higher, and that Fed can still maintain interest rate policy under those conditions... which I guess is their one job...Nothing about their figure of speech “inflation!”...A Return to Operating with Abundant ReservesRemarks by Lorie K. Logan, EVP, Markets, before the Money Marketeers of New York Universityhttps://t.co/Y4QOtT7Vxk pic.twitter.com/ojJ4tGqRMd— New York Fed (@NewYorkFed) December 1, 2020
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I guess she is saying to expect Reserve Assets to go even higher, and that Fed can still maintain interest rate policy under those conditions... which I guess is their one job...
Nothing about their figure of speech “inflation!”...
A Return to Operating with Abundant Reserves
— New York Fed (@NewYorkFed) December 1, 2020
Remarks by Lorie K. Logan, EVP, Markets, before the Money Marketeers of New York Universityhttps://t.co/Y4QOtT7Vxk pic.twitter.com/ojJ4tGqRMd