Interest rate control during normalization

Abstract: Remarks at the SIFMA Conference on Securities Financing Transactions, New York City.

Keywords: overnight reverse repurchase agreements; System Open Market Account (SOMA); interest on excess reserve balances (IOER); large-scale asset purchases; aggregate cap;

JEL Classification: E52;

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Bibliographic Information

Provider: Federal Reserve Bank of New York

Part of Series: Speech

Publication Date: 2014-10-07

Number: 145