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1 posts on "James J. McAndrews"
August 25, 2014

Turnover in Fedwire Funds Has Dropped Considerably since the Crisis, but It’s Okay

Rod Garratt, Antoine Martin, and James J. McAndrews

Funds Service is a large-value payment system, operated by the Federal Reserve Bank of New York, that facilitates more than $3 trillion a day in payments.

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Posted at 7:00 am in Crisis, Fed Funds, Financial Institutions, Liquidity | Permalink

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Liberty Street Economics features insight and analysis from New York Fed economists working at the intersection of research and policy. Launched in 2011, the blog takes its name from the Bank’s headquarters at 33 Liberty Street in Manhattan’s Financial District.

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