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
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Bibliographic Information
Provider: Federal Reserve Bank of St. Louis
Part of Series: Economic Synopses
Publication Date: 2022-08-23
Issue: 24
Pages: 1-3