US Fed Losing Control Over Banks Amid Abundance of Money Liquidity
![US Fed Losing Control Over Banks Amid Abundance of Money Liquidity](http://cdn1.img.sputniknews.com/images/102715/63/1027156377.jpg)
Several years of the ultra-accommodative Fed policies and the recent series of protractions with the long-overdue hike in borrowing costs allowed the US banks to accumulate multi-trillion reserves as a safety net allowing them to boost the scope of speculative activity once the Fed raises rates.