The New York Fed today released an expanded set of Frequently Asked Questions regarding the Primary Market and Secondary Market Corporate Credit Facilities.
The New York Fed today released a set of Frequently Asked Questions to address programmatic inquiries about the Primary Market and Secondary Market Corporate Credit Facilities.
The New York Fed has released a set of Frequently Asked Questions to address programmatic inquiries about the facility.
In accordance with the most recent FOMC directive, the Open Market Trading Desk at the Federal Reserve Bank of New York has updated the current bi-weekly schedule of agency MBS purchase operations.
In accordance with the most recent FOMC directive, the Open Market Trading Desk at the Federal Reserve Bank of New York has updated the current bi-weekly schedule of agency MBS purchase operations.
When the Fed first dropped its biggest Stupid Bomb in history announcing that it would offer a cool trillion a week in term repos, I warned that it was the wrong medicine for the wrong disease and that there would be few takers.
Little did I suspect.
The only thing new in the Fed statement below was the $200 billion in MBS purchases.
The Federal Reserve and U.S. Treasury did not intervene in foreign exchange markets during the October – December 2019 quarter, BUT GET THIS!
In accordance with the FOMC Directive issued September 18, 2019, the Open Market Trading Desk at the Federal Reserve Bank of New York will conduct an overnight repurchase agreement (repo) operation from 8:15 AM ET to 8:30 AM ET tomorrow, Thursday, Sept…