As Federal Reserve officials ponder ways to shrink their holdings and keep markets flush with cash from lending operations, they face a challenge years in the making: Overcoming the stigma of borrowing from the central bank.
Fed’s Path to a Repo-Based Framework Faces a Familiar Roadblock
As Federal Reserve officials ponder ways to shrink their holdings and keep markets flush with cash from lending operations, they face a challenge years in the making: Overcoming the stigma of borrowing from the central bank.
This article was originally published by
Bloomberg Markets
and is republished here under license.
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