Dallas Fed's Logan Says Speed Of Transactions Has Highlighted Need To Manage Liquidity Risks; Every Bank Should Be Ready To Borrow From The Fed
Portfolio Pulse from Benzinga Newsdesk
Dallas Fed's Logan highlights the need for banks to manage liquidity risks due to the speed of transactions and emphasizes that every bank should be prepared to borrow from the Fed.
May 23, 2023 | 1:18 pm
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Dallas Fed's Logan's comments on liquidity risks may lead to increased caution among banks, potentially affecting the broader market.
Dallas Fed's Logan emphasized the need for banks to manage liquidity risks and be prepared to borrow from the Fed. While this may lead to increased caution among banks, it is not clear how this will directly impact the broader market, represented by SPY. Therefore, the short-term impact on SPY is neutral.
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IMPORTANCE 60
RELEVANCE 50