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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)

Craig Furfine

Date Published

2001

Citations

Furfine, Craig. 2001. The Reluctance to Borrow from the Fed. Economics Letters. 72(2): 209-213.

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