Fed Vice Chair Barr Says Made "Good Progress" On Improving Discount Window Operations But There Is More Work To Do; Hoping A Discount Window Preparedness Requirement Would Reduce Stigma And Send The Signal That The Fed Wants The Window To Be Used
Portfolio Pulse from Benzinga Newsdesk
Fed Vice Chair Barr stated that significant progress has been made in improving discount window operations, but more work remains. He hopes that a preparedness requirement will reduce the stigma and encourage usage of the discount window.
May 20, 2024 | 1:24 pm
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The Fed's efforts to improve discount window operations and reduce stigma could stabilize financial markets, potentially benefiting broad market ETFs like SPY.
Improving discount window operations and reducing stigma can enhance liquidity and stability in financial markets, which is positive for broad market ETFs like SPY.
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