I guess she is saying to expect Reserve Assets to go even higher, and that Fed can still maintain interest rate policy under those conditions... which I guess is their one job...
Nothing about their figure of speech “inflation!”...
A Return to Operating with Abundant Reserves
— New York Fed (@NewYorkFed) December 1, 2020
Remarks by Lorie K. Logan, EVP, Markets, before the Money Marketeers of New York Universityhttps://t.co/Y4QOtT7Vxk pic.twitter.com/ojJ4tGqRMd
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