Fed Stays Stingy For Holiday Season – WSE Pro

The Fed drained another $4.25 billion from the pool on Tuesday, but they’re set to put some of it back tomorrow. The Fed added $7.5 billion in 2-day repos, which means there will be no expirations tomorrow. There were $11.75 billion in expirations today. The Fed may be working to partially counter the extra liquidity effects of the recent temporary Treasury debt paydowns, including another $15 billion settling on Thursday. But so far this week the Fed has been on the generous side, with a 5 day net add of $4.58 billion.
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Lee Adler

I’ve been publishing The Wall Street Examiner and its predecessor since October 2000. I also publish LiquidityTrader.com, and was lead analyst for Sure Money Investor. I developed David Stockman's Contra Corner for Mr. Stockman. I’ve had a wide variety of finance related jobs since 1972, including a stint on Wall Street in both analytical and sales capacities. Prior to starting the Wall Street Examiner I worked as a commercial real estate appraiser in Florida for 15 years. I also worked in the residential mortgage and real estate businesses in parts of the 1970s and 80s. I have been charting stocks and markets and doing analytical work since I was a teenager. My perspective is not of the Ivory Tower. It is from having my boots on the ground and in the trenches of the industries that I analyze and write about today. 

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