Liquidity Dries Up
Samuel Jordan-Wood and
Julian Kozlowski
Economic Synopses, 2022, issue 24, 3 pages
Abstract:
The Federal Reserve has been increasing the federal funds rate, but the interest rate banks pay on deposits have stood still, leading to outflows of bank deposits and the drying up of liquidity.
Keywords: federal funds rate; liquidity (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedles:94671
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DOI: 10.20955/es.2022.24
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