Quantitative Tightening (QT) and lower interest rates have narrowed the Fed's asset/liability mismatch, reducing operating ...

Federal Reserve Governor Lisa Cook on Friday noted financial market volatility last month driven by the Trump ...

In January 2019, after a series of discussions around long-run frameworks for monetary policy implementation, the FOMC communicated its intention to maintain an ample supply of reserves, affirming the ...

Indeed, if the uncertainty is great enough, the optimal level of reserves can exceed the cutoff for abundant reserves under no uncertainty. That is, uncertainty can imply that it is optimal to supply ...

There are plenty of fundamental economic reasons to hold a long term negative view on the U.S. dollar, but the selling and ...

Fed funds futures are pricing in a near-certain probability that the central bank will let its current 4.25%-4.50% target ...