Search Results
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
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
A Return to Operating with Abundant Reserves
Remarks before the Money Marketeers of New York University (delivered via videoconference).
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.
Speech
Impact of Abundant Reserves on Money Markets and Policy Implementation
Remarks at the SIFMA Webinar (delivered via videoconference).