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> the fed is looking for ways to incentivize financial institutions to take money Right, the current situation is a money market "plumbing" issue; there are mo
by wtn 5y ago
> the fed is looking for ways to incentivize financial institutions to take money
Right, the current situation is a money market "plumbing" issue; there are more deposits than banks can handle due to GSIB balance sheet regulations.
Here's some background info: https://fsforum.com/news/fixing-whats-broken-the-gsib-surcharge-near-and-long-term-problems https://fsforum.com/news/fixing-whats-broken-the-gsib-surcha...