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Nick Timiraos

@NickTimiraos

Chief economics correspondent, The Wall Street Journal • Author, "Trillion Dollar Triage”

calendar_today23-07-2009 22:06:04

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Research co-authored by NY Fed President John Williams looks at reserves as a share of bank assets and suggests <13% is the level at which reserves might be considered ample.

Currently that corresponds to around $3 trillion in reserves.

newyorkfed.org/medialibrary/m…

Research co-authored by NY Fed President John Williams looks at reserves as a share of bank assets and suggests <13% is the level at which reserves might be considered ample. Currently that corresponds to around $3 trillion in reserves. newyorkfed.org/medialibrary/m…
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