A new par for the course...at least in a different crisis
Once again, a fabulous post. I agree that the FED established new precedents with BTFP and revised terms for primary credit in March. In 20 years we will look back to this episode as something of a watershed.
Thanks so much Ken! Appreciate your kind feedback and always appreciate your thoughts.
Once again, a fabulous post. I agree that the FED established new precedents with BTFP and revised terms for primary credit in March. In 20 years we will look back to this episode as something of a watershed.
Thanks so much Ken! Appreciate your kind feedback and always appreciate your thoughts.