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Nick Timiraos: The Fed Doesn't Want Bank Failures In The News
Forward Guidance
The Fed's Will to Do Facility That Are More Than the BTFP
The Federal Reserve has immense powers if it wants to do so. It did things in March and April of 2020 that in February, most people had never dreamed of doing. What would another facility accomplish right now? You don't have credit problems right now. The Fed is basically fighting inflation very heavily through the Fed.
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