The U.S. repurchase agreement (repo) market is a large financial market where participants effectively provide collateralized loans to one another.
Money Market Funds and Systemic Risk
On September 16, 2008, Reserve Primary Fund, a money market fund (MMF) with $65 billion in assets under management, announced that losses in its portfolio had caused the value of shares in the fund to drop from $1.00 to $0.97.
Historical Echoes: When Fed Officials Wax Poetic
When was the last time a speech by a Federal Reserve official contained a full-length poem?
Just Released: New York’s Latest Beige Book Report Signals Steady Growth
The New York Fed’s latest Beige Book report points to continued moderate growth in the regional economy and some reduction in cost pressures.
Is Wall Street the Only Street in New York City?
Has Wall Street—the term for the securities industry that symbolizes New York City’s role as a global financial center—become less of a specialty for the city?
Is the 2005 Bankruptcy Reform Working?
While the name of the Bankruptcy Abuse Prevention and Consumer Protection Act suggests two goals, BAPCPA seemed to be more about abuse prevention than consumer protection.
Historical Echoes: The Symbolism of the Bull and the Bear
The Bull and the Bear, respectively, are long-standing symbols of optimism and pessimism about the outlook for the stock market. How did this come about?
Just Released: Regional Economic Press Briefing on Job Polarization and Rising Inequality
Over the past three decades, the United States has seen substantial growth in both high- skill and low-skill jobs, while growth of those in the middle has stagnated.
Are CDS Derivatives Associated With Higher Corporate Defaults?
Title VII of the Dodd-Frank Act requires that some derivatives contracts be traded on centralized exchanges.
Historical Echoes: From the Bonfires to the Frozen Assets
What do the Italian Renaissance and the Great Depression have in common?
RSS Feed
Follow Liberty Street Economics