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Financial Plumbing and Monetary Policy
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Type: BOOK - Published: 2014-06-20 - Publisher: International Monetary Fund

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This paper focuses on how changes in financial plumbing of the markets may impact the monetary policy options as central banks contemplate lift off from zero lo
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Collateral is one of the building blocks on which the financial markets are constructed. Used for a number of purposes--including trading with central counterpa
Financial Plumbing and Monetary Policy
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Type: BOOK - Published: 2014-06-20 - Publisher: International Monetary Fund

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This paper focuses on how changes in financial plumbing of the markets may impact the monetary policy options as central banks contemplate lift off from zero lo
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The financial crisis has led to a far-reaching redesign of the European regulatory and supervisory framework. Following the commitments made in the context of t
The New Lombard Street
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Type: BOOK - Published: 2010-11-08 - Publisher: Princeton University Press

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How the U.S. Federal Reserve began actively intervening in markets Walter Bagehot's Lombard Street, published in 1873 in the wake of a devastating London bank c