FT ARTICLE EXAMINES POSSIBLE MOVES AT THE NEXT FOMC
Article notes that Fed staff are continuing to work on other potential steps that could be taken to address liquidity at FOMC next week.
- The obvious step would be to cut the discount rate by more than federal funds. For instance, if the Fed cut Fed funds by 25bps, it could cut discount rate by 50 or even 75bps.
Article notes that Fed staff are continuing to work on other potential steps that could be taken to address liquidity at FOMC next week.
- The obvious step would be to cut the discount rate by more than federal funds. For instance, if the Fed cut Fed funds by 25bps, it could cut discount rate by 50 or even 75bps.