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Re:FDIC Establishes Signature Bridge Bank, N.A., As Successo... by slv77 on Monday March 13, 2023 @08:12AM (#35134599)
It also works against the Federal Reserves stated policy of shrinking their balance sheet due to inflation.
Re:FDIC Establishes Signature Bridge Bank, N.A., As Successo... by pishpash on Monday March 13, 2023 @07:38PM (#35144889)
I do think it's somewhat clever. It basically lets the private banking sector control the pace of QT. If liquidity dries up somewhere in the system it does a one-year targeted QE.