Maechler says money ultimately settles through bank reserves
BIS Deputy General Manager Andrea Maechler, appearing with Chicago Fed President Austan Goolsbee, said settlement via bank reserves is an underappreciated aspect of money.
Related stories
Treasury and European Bond Yields Fall as Oil Prices Drop
Treasury and European government bond yields fell Monday as oil prices dropped sharply amid renewed diplomatic efforts to end the U.S.-Iran conflict.
M impact | RATES | Nov 02, 2026, 07:05 PM UTC
US session market picture: S&P 500 +0.17%, Nasdaq 100 -0.29%; EUR/USD +0.29%, WTI -7.51%, WBD leads volume
US session market picture. US index futures: S and P futures is up 0.17 percent, Nasdaq futures is down 0.29 percent, Dow futures is up 0.91 percent and Russell futures is up 0.36
M impact | EQUITY | Nov 02, 2026, 07:01 PM UTC
US Dollar Edges Up Against Canadian Dollar as Yields, Oil Fall
The US dollar nudged higher against the Canadian currency.
M impact | FX | Nov 02, 2026, 06:53 PM UTC
Fed San Francisco Study Flags El Niño Inflation Risk in 2027
A San Francisco Fed study says El Niño poses a significant risk of higher inflation in 2027.
M impact | RATES | Nov 02, 2026, 06:51 PM UTC
Markets Price in December Fed Rate Hike After October Pause, Fidelis Capital Says
M impact | CENTRAL_BANK | Nov 02, 2026, 06:35 PM UTC
US session market picture: S&P 500 +0.34%, Nasdaq 100 +0.05%; EUR/USD +0.32%, WTI -7.92%, WBD leads volume
US session market picture. US index futures: S and P futures is up 0.34 percent, Nasdaq futures is up 0.05 percent, Dow futures is up 1.02 percent and Russell futures is up 0.56 pe
M impact | EQUITY | Nov 02, 2026, 06:30 PM UTC