Fed’s Logan Seeks Clearer Separation of Market Operations

Federal Reserve Bank of Dallas President Lorie Logan said Friday that the Fed should separate securities purchased to maintain market functioning from those held for monetary policy purposes. Logan proposed that the Federal Open Market Committee hold market-functioning purchases in a separate account and commit to selling them as soon as possible. She made the remarks at a bank funding conference co-hosted by the Dallas Fed.

• Bloomberg — Fed’s Logan Seeks Clearer Separation of Market Operations

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