ECB's Kazaks: I think we have to continue cutting rates – Forex Factory

Posted by: Fed's Logan: Money Market Rate must maintain interest on the reserve Post: Fed's Logan: Mixed Periods and Neutral Fed Portfolio is Efficient Post: Fed Logan: The Fed must purchase assets with shorter dates in the medium term. Post: Fed's Logan: Central bank balance sheets must be efficient and effective.Logan: Thank you for the efficient and effective central bank balance sheet, Vicki [Saporta]for a kind introduction. And I would like to thank the Bank of England for inviting me to attend this important meeting. The past 20 years of experience have greatly changed how central banks think about both sides of their balance sheet. On the asset side, central banks learn to use asset purchases to provide economic stimuli at the effective lower limits of short-term interest rates, and to smooth markets when stress threatens financial stability. I learned to support features. On the other side of the ledger, the purchase of assets has significantly increased central bank liabilities, particularly bank reserves, making liquidity rich or sufficient in most financial systems, not rare. Experience shows that adequate liquidity provides sufficient benefits for financial stability, payments and implementation of financial policies. Central banks are now pursuing strategies to maintain these profits even as pandemic-era assets runoff reduces the size of their balance sheets. Sometimes, the diversity of names and tools for these strategies can make central banks seem disagree with the basics of how they proceed. People talk about demand-driven and supply-driven floors, ample reserves, zero corridors, wider corridors, and more. But under this