Three on Thursday - Federal Reserve's Financials: Q1 Update
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In this week’s edition of “Three on Thursday,” we look at the Federal Reserve’s financials through the first quarter of 2024. Back in 2008, the Federal Reserve (the “Fed”) embarked on a novel experiment in monetary policy by transitioning from a “scarce reserve” system to one characterized by “abundant reserves.” In addition to inflation, this experiment has resulted in some other developments that are worrisome. 

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Posted on Thursday, May 30, 2024 @ 1:11 PM

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