Fed’s Logan: We’re making progress in getting banks ready to use the discount window

July 18, 2024 at 07:00PM

Fed emergency lending programs have been effective

All eligible banks should be prepared for the discount window

This doesn’t relate to monetary policy and isn’t a market mover but it’s critical that the Fed gets this right ahead of the next crisis (whenever it is).

This article was written by Adam Button at www.forexlive.com.