The federal funds rate is the interest rate for short-term loans between banks. Eight times a year, the Federal Reserve decides whether to raise or lower its target rate. Other loans are based on the funds rate, so a rate change has a ripple effect throughout the banking system. ...
The Federal Reserve Board released stress test results for DFAST 2020 including additional sensitivity analysis, considering the COVID19 outbreak, to assess the resiliency of large banks under three hypothetical recessions, or downside scenarios, that could result from the coronavir...
The federal funds rate is closely related to short-term interest rates in the broader market, so these transactions directly impact eurodollar andSOFRrates as well.4The Federal Reserve announces the effective fed funds rate at the end of each trading day, which is the weighted average rate for...
(CARES) Act provided that the Federal Reserve could establish a Main Street Lending Program, but until today the eligibility requirements and terms of the program were unknown. The new program could prove to be an attractive alternative for businesses that were ineligible for PPP loans due...
研究目标:记录并更新基于SOFR期货的货币政策惊喜系列,以替代逐渐消失的欧洲美元期货。 核心贡献:提出使用SOFR期货作为欧洲美元期货的替代品,以构建和更新货币政策惊喜系列。 方法论: SOFR与ED期货比较:SOFR期货与欧洲美元期货在机构特征上有区别,但两者在2018年至2023年中期期间的日内变化几乎完全相关。