GA Good article (not verified) 12th March 2018 | 10:58am There is another reason in addition, which is that the Fed began paying interest on reserves on Oct 2008.. (Sep 2008 was Lehman bankrupcy) This was simultaneous with the beginning of asset purchases. Reply
There is another reason in addition, which is that the Fed began paying interest on reserves on Oct 2008.. (Sep 2008 was Lehman bankrupcy) This was simultaneous with the beginning of asset purchases.