{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Eurodollar University","title":"You Won’t Believe what Happened at the Discount Window","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/7034c228\"></iframe>","width":"100%","height":180,"duration":1335,"description":"While the world was focused on financial volatility and liquidations at the start of August, something odd happened at the Federal Reserve's Discount Window (DW). Given everything else that has gone on since then, starting with the yield curve then considering now-cracking commodities, plus foreigners' dollar buffers and even US dealer banks' collateral holdings, there aren't that many ways to interpret what banks are doing - or not - at the DW.\nEurodollar University's Money & Macro Analysis\nFRB Michael Barr The Importance of Effective Liquidity Risk Management\nhttps://www.federalreserve.gov/newsevents/speech/barr20231201a.htm\nReuters Discount window reform bill introduced as Fed works on its own overhaul\nhttps://www.reuters.com/markets/discount-window-reform-bill-introduced-fed-works-its-own-overhaul-2024-07-29/\nFRBNY Staff Report 1103 Can Discount Window Stigma Be Cured? An Experimental Investigation\nhttps://www.newyorkfed.org/medialibrary/media/research/staff_reports/sr1103.pdf?sc_lang=en\nhttps://www.eurodollar.university\nTwitter: https://twitter.com/JeffSnider_EDU","thumbnail_url":"https://img.transistorcdn.com/-PtiTzNd5Hw0QA5KJSn4hxFg04siyhv-eokn_umaeKU/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzkyNDMvMTY2ODk5/MjU1OS1hcnR3b3Jr/LmpwZw.webp","thumbnail_width":300,"thumbnail_height":300}