fed minutes, 2021-07-28
The vast majority of participants supported the proposed terms, although a few participants raised questions, including whether the proposed aggregate cap of $500 billion was necessary, whether the collateral eligible in SRF operations should be limited to Treasury securities only, and how the setting of the minimum bid rate in SRF operations would be expected to evolve over time relative to the primary credit rate and the interest on reserve balances rate.
Sentiment: neutral
Topic: mp_interest_rate