(Bloomberg) — The Federal Reserve has doled out tens of billions to calm the short-term lending markets after they went haywire in September.But initiatives by the U.S. Treasury Department — to ensure it always has enough cash to pay its bills as the deficit soars to a trillion dollars — could make it harder for the Fed to prevent a repeat.As the department copes with higher spending, large swings in the amount of money it has on deposit with the central bank have already undercut the Fed’s ability to keep bank reserves stable. Last year, one particularly big shift helped …read more
Source:: Yahoo Finance
