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Fed said to extend their 75 billion/day repurchase program till Nov 01 and probably beyond. QE forever.....
https://news.yahoo.com/ny-fed-extend-operations-pump-money-markets-nov-181502121.html
This link is the source of the announcement:
https://www.newyorkfed.org/markets/opolicy/operating_policy_191004
$75 billion/day for a month would be over $2 Trillion dollars. I believe the notice says an *aggregate* amount of at least $75 billion over the month
That makes sense. scary- that that much money has to be injected each day to have enough liquidity for the banks.
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Fed said to extend their
Question to the group. I am little puzzled in the ...
Posted by highroller on 4th of Oct 2019 at 08:22 pm
Fed said to extend their 75 billion/day repurchase program till Nov 01 and probably beyond. QE forever.....
https://news.yahoo.com/ny-fed-extend-operations-pump-money-markets-nov-181502121.html
This link is the source
Posted by cape_rover on 6th of Oct 2019 at 07:38 pm
This link is the source of the announcement:
https://www.newyorkfed.org/markets/opolicy/operating_policy_191004
$75 billion/day for a month would be over $2 Trillion dollars. I believe the notice says an *aggregate* amount of at least $75 billion over the month
That makes sense. scary- that
Posted by ssaffer on 4th of Oct 2019 at 10:31 pm
That makes sense. scary- that that much money has to be injected each day to have enough liquidity for the banks.