Market Liquidity - Truenewj

Fed’s Miran charts path to further reduce central bank balance sheet

amefika2 months ago04 mins

NEW YORK (Reuters) – Federal Reserve Governor Stephen Miran said on Thursday that reducing the financial system’s demand for high levels of liquidity could allow the central bank to substantially trim the size of its still large balance sheet and facilitate a more flexible monetary policy stance than it would otherwise. “Reducing the size of…

The New York Fed met with banks to discuss a key credit line, the Financial Times reports

amefika7 months ago02 mins

(Reuters) – New York Federal Reserve Chairman John Williams met with Wall Street banks this week to discuss a key short-term credit line, the Financial Times reported on Friday, amid signs of tighter liquidity in the market. “Chairman Williams convened the New York Fed’s major trading counterparties (primary dealers) to continue their commitment to the…