Moody's Talks - Focus on Finance cover image

FedNow could increase deposit flight risk; high rates raise UK mortgage lenders' asset, social risks

Moody's Talks - Focus on Finance

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The Advantages of a Fed Settlement

Zell: There are other payment services that are basically instant, right? But they don't settle through the Fed. So what's the reason then to have a payment service that's run by the Fed? Zell: The benefits of having this clearing at the Fed settlement include more flexibility with your money and economic competition.

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