Pressure is building inside the Federal Reserve’s funding network as its balance sheet runoff drags on. According to remarks delivered Thursday by Roberto Perli, who manages the System Open Market ...

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 ...

A Federal Reserve Bank of New York official responsible for implementing monetary policy said on Thursday the central bank is ...

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 ...