J.P. Morgan sees Fed leaving $1 trillion in bank reserves

January 30, 2019 admin Business News Comments Off on J.P. Morgan sees Fed leaving $1 trillion in bank reserves

J.P. Morgan on Wednesday raised its estimate on the amount of excess reserves that the U.S. Federal Reserve would leave in the U.S. banking system to $1 trillion, double what it had previously projected.

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Source:: Reuters – Business News