UPDATE 1-Quarles says Fed could better align Treasuries, reserves to ease repo pressure
U.S. Federal Reserve Vice Chair Randal
Quarles said Thursday policymakers should consider changes that
would make it easier for banks to treat Treasury holdings as
similar to reserves held with the central bank when meeting
liquidity requirements.
Quarles said Thursday policymakers should consider changes that
would make it easier for banks to treat Treasury holdings as
similar to reserves held with the central bank when meeting
liquidity requirements.
Posted by Reuters
