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dingusdingusdingus.bsky.social
@dingusdingusdingus.bsky.social
13 followers 64 following 17 posts
Riding 45 in a 55.
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tarynj19.bsky.social
Chile, an accountant?? Who can count on him??? 🤣
June 7, 2025 at 2:19 PM
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peark.es
Key passage
As I said, it’s hard to estimate exactly what constitutes an ample level of reserves. We know that number is lower than the current $3.2 trillion, since market indicators still point to reserves remaining abundant. But we also know it is substantially larger than the $1.5 trillion level to which reserves dipped in September 2019, when they evidently became less than ample. Since then, the U.S. economy, bank assets, and the size of money markets have all grown a lot, and SFOS respondents tell us that banks have increased their desired reserve levels and buffers materially since that time. In addition, the Fed will need to maintain an operational buffer to account for uncertainty and ensure that the supply of reserves remains ample. Given this, under the current FOMC plans, the balance sheet will eventually cease to shrink, and when reserves reach the ample level, it will at some point start growing again to meet the likely growing demand for Federal Reserve liabilities. In other words, the longer-run size of the Federal Reserve’s balance sheet will be determined by the demand for reserves, currency, and deposits by the Treasury and other entities, all of which are not under the Federal Reserve’s direct control. Even so, some details related to our implementation tools can make a difference to reserve demand.
May 22, 2025 at 7:38 PM
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slothropsmap.bsky.social
You want sources? Here you go. Read the filings yourself, you filthy animals:

Notice of 2024 Annual Meeting & Proxy Statement: s204.q4cdn.com/701424631/fi...

Form 10-K SEC Annual Report: s204.q4cdn.com/701424631/fi...

Don't fuck with me. I'll spend another three hours in Excel. I don't care.
May 23, 2025 at 5:42 PM