New Post: Can The Fed Control The Fed Funds Rate In Times Of Excess Liquidity?

We just published a new article titled Can The Fed Control The Fed Funds Rate In Times Of Excess Liquidity?

• SEC Chairman Stanley Fischer spoke at the 2015 U.S. Monetary Policy Forum, sponsored by the University of Chicago Booth School of Business on February 27, 2015.
• The Fed is facing numerous challenges with its current balance sheet.
• As a result, the Fed is having to rely on other tools like ON REPOs and changes in the IOER to control the Fed Funds Rate. 
• Click here to read the full post.