It could then expand its balance-sheet indefinitely without driving the fed funds rate to zero; a bank will not lend out excess reserves at 0.25% if it can earn 1.75% at the Fed.
这可以无限制扩大它的资产负债表,而不会使联邦基金利率降到0。 银行如果可以从联储那里得到1.75%的利息,就不会以0.25%的利率贷出多余的款项。
Only after we bring full transparency to the bank balance sheets will we see private capital buying into Banks again at scale.
只有在我们将银行的资产负债表充分透明化,我们才能看到私人资本再次有规模地收购银行。
He won re-election in 2003 promising to create a bank to lend to small firms, at a time when big Banks were busy cleaning up their balance-sheets.
他在赢得2003年的改选时承诺建立一家银行来为小公司提供贷款,此时其他大银行正忙于清理自己的资产负债表。
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