Journal Article

Balance Sheet Normalization: Monitoring Quantities and Prices


Abstract: Central bank policymakers watch the spread between “repo” rates and the interest rate on reserve balances to gauge financial market stress and guide balance sheet normalization.

Keywords: balance sheet normalization; interest on reserve balances; repo rates; financial market stress;

https://doi.org/10.20955/es.2024.10

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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: Economic Synopses

Publication Date: 2024-05-03

Issue: 10

Pages: 3 pages