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Reserves Thread

Summary:
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!”...





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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