Joseph Wang
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Fed's latest Financial Stability Report is out. I thought it was less interesting than usual, in part because there were few special "box" sections. But there are still some helpfu...
Fed's latest Financial Stability Report is out. It's always worth a read. Here are some things I found interesting: https://t.co/FPzhcfrQMl
When a deposit moves into a MMF, it doesn't necessarily decrease total bank deposits. In the first step the deposit merely changes ownership from the investor to the MMF. https://t...