Fed's Hammack says some volatility in overnight markets is not a bad thing ...Middle East

Federal Reserve Bank of Cleveland President Beth Hammack speaks before the Money Marketeers of New York University

Supports ongoing quantitative tightening (QT), a slower drawdown pace will allow longer processFed's balance sheet has shrunk from $9T to $6.8T since QT began in 2022Money market liquidity still appears abundantSupported Fed’s recent slowdown in balance sheet drawdownSome volatility in overnight markets is not a bad thingSees possible cases for return to Fed repos depending on market conditionsThere are costs for keeping Fed’s balance sheet too largeSupports work to strengthen standing repo facilityCosts of too-large balance sheet include market risk takingDoes not comment on economic outlook This article was written by Eamonn Sheridan at www.forexlive.com.

Read More Details
Finally We wish PressBee provided you with enough information of ( Fed's Hammack says some volatility in overnight markets is not a bad thing )

Also on site :

• ‘Bullet Train Explosion’ Review: A Reality-Based Runaway Train Movie That Stays on the Rails
• Tyler Buchner ‘under consideration’ to return to QB, says Marcus Freeman
• What will the IMF and World Bank do in the latest economic crisis?