Target Rate Archive

Re: ffm questions

On Dec 18, 2007 1:09 AM, Scott Fullwiler wrote: > Hi Warren > > A few questions on your take on fed funds market data– > > Std dev of fed funds rate is way up since summer compared to normal, but > looking at the high-low numbers, the deviation (at least ...Read More

Lender of next-to-last resort?

There seems to be an alternative to the discount stigma – is the liquidity problem too big for (orthodox) central banks? The Federal Home Loan Bank System: Lender of Next-to-Last Resort? Morten Bech, Federal Reserve Bank of New York When we look at the FHLB balance sheet, we see a $746b surge ...Read More

Financing desk comments

I’m lost for an explanation as to whey the Fed ignored the year end liquidity issue entirely, after alluding to it in various speeches and allowing the impression that they were going to address it at the meeting persist. Keep me posted as to how LIBOR is over the turn (as well ...Read More