All-Stars #32 Jeffrey Snider: Eurodollar System Explains Fed Funds over IOER

Published: July 15, 2019, 5:33 p.m.

All-Star Jeff Snider explains why the Fed's IOER hasn't worked as a ceiling over Fed Funds, and the significance of each, including the recent move of FF well above IOER and how this relates to the EuroDollar System.