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Keywords:Treasury General Account (TGA) 

Speech
The supply of money-like assets: remarks for American Economic Association panel session: The Balance Sheets of Central Banks and the Shortage of Safe Assets, Philadelphia

Remarks for American Economic Association Panel Session: The Balance Sheets of Central Banks and the Shortage of Safe Assets, Philadelphia.
Speech , Paper 269

Speech
Implementing monetary policy: perspective from the open market trading desk: remarks before the Money Marketeers of New York University, New York City

Remarks before the Money Marketeers of New York University, New York City.
Speech , Paper 248

Speech
A Return to Operating with Abundant Reserves

Remarks before the Money Marketeers of New York University (delivered via videoconference).
Speech

Journal Article
Rapid Declines in the Fed’s Overnight Reverse Repurchase (ON RRP) Facility May Start to Slow

The value of assets held at the Federal Reserve’s overnight reverse repurchase (ON RRP) facility has dropped by close to 60 percent from its peak in December 2022. Much of this drop is attributed to an increase in Treasury bill issuance to refill the Treasury General Account (TGA) after the most recent debt-limit debate. However, the TGA is not expected to grow much more, suggesting the rapid decline in assets held at the ON RRP could slow.
Economic Bulletin

Speech
Impact of Abundant Reserves on Money Markets and Policy Implementation

Remarks at the SIFMA Webinar (delivered via videoconference).
Speech

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