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MNI, NEWS
MNI: /MNI INTERVIEW: Ex-Fed McAndrews Sees Possible Reserves Squeeze
- A surge in U.S. Treasury borrowing could drain bank liquidity, making control
of short-term interest rates more difficult for the Federal Reserve and an
expansion of its balance sheet more likely, James McAndrews, former head of
research at the Federal Reserve Bank of New York, told MNI.
- For full article see MNI MainWire at 1003ET/1503BST or contact us.