The Federal Reserve's latest tool shows ample reserve levels, suggesting that QT can continue to advance
2024-10-17 20:58:06
According to United States New York Federal Reserve first release one monthlydesk3cryptocurrencydesktopCrypto News
The US banking system is still awash in reserves, according to the New York Fed's first monthly measure. The first Elasticity of Demand for Reserves indicator released on Thursday by the New York Fed showed that bank reserves were still ample as of October 11. The data is the latest evidence that the Fed can continue to reduce liquidity in the financial system through its quantitative tightening program (QT). The performance of the data was expected by Wall Street strategists.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
美联储最新工具显示准备金水平充裕，暗示QT可继续推进Next article：
stripe洽谈以10亿美元代价收购加密数字货币初创公司Bridge
