UPDATE 1-Fed’s oversight practices may have contributed to repo market issues -Quarles
The U.S. Federal Reserve may
have contributed to recent turmoil in overnight lending markets
through oversight practices that possibly discouraged banks from
investing, a senior U.S. central bank official said on
Wednesday.
have contributed to recent turmoil in overnight lending markets
through oversight practices that possibly discouraged banks from
investing, a senior U.S. central bank official said on
Wednesday.
Posted by Reuters
