Signals › Monetary Policy, Rates & Liquidity
The buffer whose drain forces reserves down.
Billions of US Dollars · observation 2026-10-02, published 2026-10-02
Last 24 observations.
Inside the normal range. Not a strong reading either way.
Monetary Policy, Rates & Liquidity: Model the policy reaction function explicitly rather than treating policy as an exogenous shock. The model averages the standardised signals in each block into a block score, then combines the twelve block scores in a probit. Today the 12-block model reads 1.6%.