Journal Article

Liquidity Dries Up


Abstract: The Federal Reserve has been increasing the federal funds rate, but the interest rate banks pay on deposits have stood still, leading to outflows of bank deposits and the drying up of liquidity.

Keywords: federal funds rate; liquidity;

https://doi.org/10.20955/es.2022.24

Access Documents

Authors

Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: Economic Synopses

Publication Date: 2022-08-23

Issue: 24

Pages: 1-3