More from Fed’s Barr (more on risk not policy):
- Fed does not want to get anywhere close to a balance sheet size that would interfere with controlling the Fed funds rate.
- Most funds in private credit market or not from highly leveraged entities in the face no run risk
- If private credit markets were to move to an open ended retail structure that would be cause for concern
This article was written by Greg Michalowski at www.forexlive.com.
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