Joseph Wang on the Feds Impact on Money Markets

Published: Sept. 13, 2021, 4:30 a.m.

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Joseph Wang is a former senior trader on the open market desk at the Federal Reserve Bank in New York and the author of the book Central Banking 101. He also blogs at fedguy.com and is active on Twitter. Joseph joins Macro Musings to discuss what has happened at the Fed from the operational side, and we consider its implications for money markets. Specifically, Joseph and David discuss recent events from the perspective of the Federal Reserve trading desk, Joseph\\u2019s conception of a two-tiered monetary system, continued dollar dominance in global money markets, whether the Fed\\u2019s overnight repo facility is truly a temporary facility or trending towards a permanent one, and much more.

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Transcript for the episode can be found here.

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Joseph\\u2019s Twitter: @FedGuy12

Joseph\\u2019s website: http://fedguy.com/

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Related Links:

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*QE Zombifies Money Markets* by Joseph Wang

https://fedguy.com/qe-zombifies-money-markets/

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*The Gravitational Pull of Zero* by Joseph Wang

https://fedguy.com/the-gravitational-pull-of-zero/

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*RRP At The ZLB* by Joseph Wang

https://fedguy.com/rrp-at-the-zlb/

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David\\u2019s blog: macromarketmusings.blogspot.com
David\\u2019s Twitter: @DavidBeckworth

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