Speech

Money markets at a crossroads: policy implementation at a time of structural change: remarks at the Master of Applied Economics' Distinguished Speaker Series, University of California, Los Angeles


Abstract: Remarks at the Master of Applied Economics' Distinguished Speaker Series, University of California, Los Angeles.

Keywords: Federal Reserve balance sheet; money market rates; money market competition; money market structure; asset purchasing programs; interest on reserves (IOR); monetary policy transmission; ON RRP rate; ON RRP facility; monetary policy implementation framework; intermediate holding company (IHC); Treasury General Account; Darrell Duffie; Arvind Krishnamurthy; market dispersion; LIBOR; unsecured market activity;

Access Documents

File(s): File format is text/html https://www.newyorkfed.org/newsevents/speeches/2017/pot170405
Description: Full text

Authors

Bibliographic Information

Provider: Federal Reserve Bank of New York

Part of Series: Speech

Publication Date: 2017-04-05

Number: 240