by Summary:
Fed is falling behind on RRP activity, and reserves keep rising. Fed may pull the plug on asset purchases if the debt ceiling is not raised.
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Mike Norman considers the following as important:
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Fed is falling behind on RRP activity, and reserves keep rising. Fed may pull the plug on asset purchases if the debt ceiling is not raised.
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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| Fed is falling behind on RRP activity, and reserves keep rising. Fed may pull the plug on asset purchases if the debt ceiling is not raised. |
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var.fyi
delectable
hi Mike, are banks conducting reverse repo's b/c of the SLR? in your other video you said cash/reserves as well as treasuries affect the denominator. if this is the case, why not hang onto the cash?