美联储与巴塞尔协议3_风闻

Important monetary factors to ponder:

1) The Fed move to floor rate mng with abundant reserves from corridor mng with scarce reserves;

2) What are the true effective required reserves when with 1.3 trillion excess reserves the Fed still must add 600 billion to system;

3) The additional effective required reserves from Dodd-Frank and Basel III in quantifiable amount and what are the real time metrics available to monitor this;

 4) Impact in reserves of the “Treasury General Account” (TGA) with Treasury directly depositing monies with the Fed;

5) Impact of the Foreign Official Institutions Account with foreign direct deposit with the Fed.

6) The effect on excess reserve availability and use by the banks given Dodd-Frank, Basel III and the interest rate the Fed started to pay on reserves in 2015 (IOER).