Prologue Journal

The Federal Reserve Deserves a Pat on the Back

• prologu5
• 12/26/202312/27/2023

Wall Street Journal

Paying interest on reserves allows the Fed to provide liquidity and maintain financial stability.

https://www.wsj.com/articles/the-federal-reserve-deserves-a-pat-on-the-back-reserve-liquidity-cash-c8bb8b8f