Victoria Guida on Developments at the Federal Reserve and in Financial Regulation
Macro Musings with David Beckworth
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The Fed Released a Supplemental Leverage Ratio During the Pandemic
The focus is going from individual entities to broader activity focus, which is probably a safer way to do it if it does go back to the courts. Let's move on to another area you touched on: treasury liquidity. And this is something I've been following too. There's been a number of proposed changes to regulation that would improve the liquidity of the treasury market. One of them really is tied closely to the Fed and that's a supplemental leverage ratio. So what always kind of matters is what's binding for any given asset.
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