Stability Notes News Today

22 September 2023 By Roger Kennedy roger@TheCork.ie Property Businesses looking for commercial real estate space in Cork should be able to find it easily. With post-pandemic remote work increasing and layoffs in the technology job sector, many businesses now find themselves with considerable ‘grey space’ or unused office space, and some companies that currently have…

The most fundamental of the Federal Reserve System’s many responsibilities is that of serving as the U.S. financial markets’ ultimate source of liquidity. Federal Reserve notes, along with account balances held by private depository institutions at the various Fed banks, are the U.S. economy’s final means of payment, and hence its most liquid assets, the scarcity of which is a crucial determinant of the scarcity of other liquid assets.