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Payment system design can encourage intraday liquidity efficiency


Abstract: Efficient allocation of bank reserves improves central bank balance sheet efficiency. Frictions in such redistribution can affect monetary policy implementation.

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File(s): File format is text/html https://www.dallasfed.org/research/economics/2025/1002
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Provider: Federal Reserve Bank of Dallas

Source: Dallas Fed Economics

Publication Date: 2025-10-02