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Wednesday, September 25, 2019

Fed Ups Repo Ante; Injects Longer-Term Cash into Banking System to Hold Rates Down

The Federal Reserve upped the ante in its efforts to hold short-term interest rates down this week, injecting longer-term cash into the financial system. Last week, the New York Fed began running repurchase operations in an effort to inject liquidity into the financial system. The bank’s repo operations started last Tuesday involving about $53 billion […]

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