According to a monthly indicator released for the first time by the New York Fed, the reserve size of the US banking system remains ample. The first reserve demand elasticity indicator released by the Federal Reserve Bank of New York on Thursday showed that as of October 11th, bank reserve levels were still sufficient. This data is the latest evidence that the Federal Reserve can continue to reduce liquidity in the financial system through the Quantitative Tightening Program (QT). The performance of this data was expected by Wall Street strategists. @esuww19dyo @seyfsengul