At present, the Bank provides ample funds by conducting various operations, setting the operating target not at a quantitative indicator but at the policy interest rate.
Ben S Bernanke: Economic measurement Speech by Mr Ben S Bernanke, Chairman of the Board of Governors of the Federal Reserve System, at the 32nd General Conference of the International Association for Research in Income and Wealth, Cambridge, Massachusetts (via prerecorded video), 6 August 2012.