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Remarks by Under Secretary for Domestic Finance Nellie Liang at the Central Bank of Ireland Conference on Macroprudential Policy for Investment Funds
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Fed: Various Participants Willing To Tighten More If Needed
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NY Fed: Banks balance-sheet constraints impact MMFs investment in ON RRP (as they push excess deposits into affiliated MMFs, causing an increase in the size of the MMF industry ON RRP usage) with banks reduced demand for short-term borrowing causing MMF to replace private repo lending with ON RRP – Investment Watch
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NY Fed paper ties reverse repo surge to bank regulation change
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