The money that the Fed has pumped into markets is mostly sitting in banks around the country, as reserve currency. It will take time for banks to lend out all of the money that the Fed has created.
Yellen Barks On Rates, But Will Not Bite
The money that the Fed has pumped into markets is mostly sitting in banks around the country, as reserve currency. It will take time for banks to lend out all of the money that the Fed has created.
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