“The fact that balances in these programs are swelling is an indication that money funds, non-U.S. official institutions, and the government state enterprises are struggling to find assets with returns above 0%, and as their cash holdings increase, they have few investment alternatives outside the Fed’s balance sheet.
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- Reuters 3 years ago
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"Joseph Abate Quotes." Quotes.net. STANDS4 LLC, 2024. Web. 25 Dec. 2024. <https://www.quotes.net/citizen-quote/403753>.
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