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18. Quarles' strange 13(3) vision w/Steven Kelly

18. Quarles' strange 13(3) vision w/Steven Kelly

FromThe Reserve


18. Quarles' strange 13(3) vision w/Steven Kelly

FromThe Reserve

ratings:
Length:
47 minutes
Released:
Dec 8, 2021
Format:
Podcast episode

Description

Randy Quarles’ mic drop speech included a very strange commentary on the future of the Fed’s emergency lending authority in 13(3). On today’s episode Steven Kelly and I react.
Quarles’ speech
Lev Menand’s paper on liquidity/credit facilities
Pari Sastri’s 13(3) paper
2008 Board minutes on penalty rates
On twitter: @StevenKelly49, @KalebNygaard
Released:
Dec 8, 2021
Format:
Podcast episode

Titles in the series (49)

News and thoughts from the Centralverse, the world of the Federal Reserve and other central banks around the world...not a podcast about some national forest out west!