Lots More with Joe Abate on the Fed's New Target and the Rising Price of Money
2025-10-03 · 28 min · 15 entities
Asserted relationships
-
0.68
evidence rules-v4
Lots More with Joe Abate on the Fed's New Target and the Rising Price of Money
-
0.63
evidence rules-v4
Lots More with Joe Abate on the Fed's New Target and the Rising Price of Money
-
0.40
evidence rules-v4
Feed category: Business
-
0.40
evidence rules-v4
Feed category: News
-
0.40
evidence rules-v4
Feed category: Investing
-
0.40
evidence rules-v4
Feed category: News Commentary
-
0.40
evidence rules-v4
Feed author/publisher: Bloomberg
-
0.40
evidence rules-v4
Feed category: Business News
Entities found in this episode
concepts 9
-
0.50
evidence rules-v4
Feed category: Business
-
0.50
evidence rules-v4
Feed category: Investing
-
0.50
evidence rules-v4
Feed category: News Commentary
-
0.50
evidence rules-v4
Feed category: Business News
-
0.40
evidence rules-v4
Feed category: Business
-
0.40
evidence rules-v4
Feed category: News
-
0.40
evidence rules-v4
Feed category: Investing
-
0.40
evidence rules-v4
Feed category: News Commentary
-
0.40
evidence rules-v4
Feed category: Business News
persons 2
-
0.72
evidence rules-v4
Lots More with Joe Abate on the Fed's New Target and the Rising Price of Money
-
0.66
evidence rules-v4
Lots More with Joe Abate on the Fed's New Target and the Rising Price of Money
companys 2
-
0.70
evidence rules-v4
Feed author/publisher: Bloomberg
-
0.40
evidence rules-v4
Feed author/publisher: Bloomberg
podcasts 2
-
0.68
evidence rules-v4
Lots More with Joe Abate on the Fed's New Target and the Rising Price of Money
-
0.63
evidence rules-v4
Lots More with Joe Abate on the Fed's New Target and the Rising Price of Money
Episode description as stored
We're used to talking about the Federal Reserve changing "benchmark interest rates." But the mechanics of how the central bank actually tightens or loosens policy are a lot more nuanced. For years now, the Fed's been doing this through the federal funds market — where US banks lend and borrow their excess reserves. But that could be changing. Last week, Dallas Fed President Lorie Logan argued that the fed funds target is outdated, and the central bank should be looking at alternatives. So what would those alternatives actually look like, and why do the intricacies of these short-term funding markets actually matter? We speak with Joe Abate, head of macrostrategy, at SMBC Nikko about this and the broader liquidity picture.
Read More: Logan Ushers in New Era of Debate on Fed’s Key Policy Tool
Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox — now delivered every weekday — plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots
See omnystudio.com/listener for privacy information.