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NY Fed official flags strong liquidity ahead of potentially choppy quarter end
Yahoo Finance·2025-09-29 13:36

By Michael S. Derby (Reuters) -A day ahead of what is expected to be very volatile conditions in money markets, a top Federal Reserve Bank of New York official said on Monday that markets are still flush with liquidity, central bank tools are in place to manage temporary hiccups, and in any case some level of chop in money market rates is healthy. “Our indicators currently suggest that reserves are still abundant,” said Julie Remache, deputy manager of the bank’s System Open Market Account and Head of ...