Waldman Thinks Bernanke Will Go for (Flawed) Exit #1

by admin on January 19, 2013

The option that Bernanke himself frequently mentions is the Fed's ability to offer higher interest rates on excess reserves. Currently, if a commercial bank keeps its excess reserves parked at the Fed, the balance grows at an …

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Waldman Thinks Bernanke Will Go for (Flawed) Exit #1
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