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Research Details
The Reluctance to Borrow from the Fed, Economics Letters
Abstract
Banks prefer borrowing in the federal funds market, even when the Fed offers a confidential, guilt-free, and less expensive alternative. This suggests that commercial banks deliberately avoid borrowing from the central bank.
Type
Article
Author(s)
Date Published
2001
Citations
Furfine, Craig. 2001. The Reluctance to Borrow from the Fed. Economics Letters.(2): 209-213.
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