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Daily Financial Regulation Update -- Friday, November 10, 2023 | Paul Hastings LLP

Key Funding Market Showing Signs That Some Banks Need Liquidity

(Bloomberg) Borrowing activity in the federal funds market is signaling that stress in the US banking system hasn’t fully gone away.Most Read from BloombergLargest US Grid Declares Emergency Alert For July 27BOJ Sends Yields Soaring With Surprise Change to Rate LimitSubway Offers Free Sandwiches That Come With a Lifetime CommitmentChina’s Push to Expand BRICS Membership FaltersWall Street Rekindles Risk-On ‘Goldilocks’ Trade: Markets WrapAlthough a decline in total volume suggests the overall

Implementation And Transmission Of Monetary Policy, Federal Reserve Governor Philip N Jefferson, At The H Parker Willis Lecture, Washington And Lee University, Lexington, Virginia

<p><span>Thank you very much for inviting me to be part of the H. Parker Willis Lecture Series. As you know, Dr. Willis was a distinguished professor here at Washington and Lee University. Among many other accomplishments, he helped create the Federal Reserve System. He served as the first secretary to the Federal Reserve Board from 1914 to 1918 and later as the first research director.</span></p>

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