JPMorgan anticipates ‘disorderly’ year-end funding pressures again as banks retrench
November 22, 2019 at 16:04 PM EST
The liquidity problems in U.S. money markets that pushed up short term interest rates in September may recur at the end of this year, despite the Federal Reserve’s move to begin regular auctions to inject cash into the banking system, according to J.P. Morgan.