News list for " continues to reduce asset losses"

The latest data from the New York Federal Reserve show that the Federal Reserve faces no obstacles in continuing to shrink the size of its balance sheet. The New York Fed reported on Thursday that its measure of the elasticity of demand for reserves was -0.15 on November 13, remaining stable from a month earlier. The New York Fed said in its report that "reserves remain abundant". The index, which was released publicly a month ago, is designed to show how abundant or tight banks' reserves are...

2024-11-22 06:45:36