- Analytics
- News and Tools
- Market News
- US: First effects of monetary policy on bank balance sheets – BNP Paribas
US: First effects of monetary policy on bank balance sheets – BNP Paribas
FXStreet reports that the measures taken by the US Federal Reserve (Fed) since 15 March have already had a major impact on the balance sheets of commercial banks resident in the United States, Céline Choulet from BNP Paribas reports.
"Reserves held at the Central Bank have considerably increased following their role as intermediaries for the Fed's securities purchases, emergency loans and liquidity swaps."
"As in 2008-2014, the Fed's QE policy has also created a disconnect between growth in loans and growth in deposits on banks' balance sheets."
"As in 2008, a large proportion of dollar liquidity lent by the Fed to foreign central banks, then distributed to non-resident banks, has eventually been re-lent to resident banks, as shown by the increase in their net debts to affiliated entities located abroad."
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
