Business inventories in July came in at $2.67 trillion, up 0.2% from the month prior and up 1.5% from a year ago, the Commerce Department said. Trade sales and manufacturers’ shipments were $1.95 trillion, up 1% from the month prior and up 4% from a year ago.
Regulators set sights on liquidity coverage ratio reform
Saying that bank liquidity is “the next big-ticket item” for regulatory reform, top officials at the Treasury Department and Federal Reserve outlined their case for revisiting the liquidity coverage ratio to recognize discount window borrowing capacity.










