Economist Brian Wesbury comments on how the Federal Reserve (and eventually taxpayers) are paying hundreds of billions of dollars in interest to private banks to hold money printed during massive ...

Economist Brian Wesbury argues that the Federal Reserve's massive balance sheet expansion during Covid has not just distorted global financial markets but enabled an increasingly unaccountable and ...

Quantitative Tightening (QT) and lower interest rates have narrowed the Fed's asset/liability mismatch, reducing operating ...

The Fed continues quantitative tightening, reducing its balance sheet while managing excess reserves and liquidity to ...

The Republican-led House passed President Trump's tax-and-spending bill , a major win for Trump and House Speaker Mike Johnson. The vote was 215 to 214, with one lawmaker voting present. The measure ...

The manager of the Federal Reserve’s massive portfolio of securities said the central bank’s effort to reduce the size of its balance sheet is beginning to place pressure on the market for repurchase ...

The adjustment reflects rising sensitivity in short-term markets as liquidity becomes harder to maintain. Despite the ...

In theory, the SRF functions by giving eligible borrowers an easy place to turn to borrow funds against high-quality collateral, like Treasury securities. By setting the SRF's interest rate at the top ...

A Federal Reserve Bank of New York official responsible for implementing monetary policy said on Thursday the central bank is ...

In January 2019, after a series of discussions around long-run frameworks for monetary policy implementation, the FOMC communicated its intention to maintain an ample supply of reserves, affirming the ...

Indeed, if the uncertainty is great enough, the optimal level of reserves can exceed the cutoff for abundant reserves under no uncertainty. That is, uncertainty can imply that it is optimal to supply ...