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IPFS News Link • Economic Stimulus

Liquidity Scramble: Fed Announces Overnight Repos Every Day Next Week, Introduces Term Repos

• arclein

Which probably explains why moments ago, the Fed surprised market watchers who were expecting the Fed to continue conducting only overnight repos, but announcing that not only would it conduct overnight $75 Billion repos every day from Monday until Thursday, October 10, but it would also introduce 2 week term repos with a total size of "at least $30 billion" for the first time since the financial crisis.


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