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The Basel III Endgame: Bank Regulation In A Post-SVB World | Steven Kelly
Forward Guidance
The Decline of the Reverse Repo Facility
The reverse repo facility, it's now only $1.8 trillion and that's down about $300 billion just over the past month or so. So how are we going to $400 billion? How do you think the decline in the reverse repo facility is that money going back into the banking system, the bank reserves? Yeah, so this was certainly making people nervous because there's been a sort of a rebuild of the Treasury's checking account post debt ceiling,. The Treasury has sort of rebuilt its checking account at the Fed.
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