Now that the US Federal Reserve has gone into full quantitative tightening mode, reversing an asset-buying program that had expanded its balance sheet to nearly $9 trillion, a worry is emerging: Could a disruptive cash crunch ensue, along the lines of what happened in money markets a few years ago?
#necessarily #institutions #covid-pandemic #interest-rates #federal-reserve #financial-crisis #hedge-funds #federal-reserve-bank #princeton-university
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