NY Fed increases reverse repo ceiling


The Federal Reserve of New York announced today (March 18) that it increased the per-counterparty ceiling for overnight reverse repurchase agreements.

Counterparties may now make overnight reverse repo contracts of up to $80 billion, up from the previous limit of $30 billion. The Federal Open Market Committee ordered this change after its March 16–17 meeting. The FOMC also kept the policy rate unchanged at 0% to 0.25%, and continued $120 billion per month in quantitative easing.

In a brief

You are currently unable to copy this content. Please contact [email protected] to find out more.



Source link

Free Course

"Double Your Traffic in 30 days" + Secret Bonus

valued at $299

This amazing course will teach you, step by step, how to double if not triple your traffic over the next 30 days.

100% Privacy. We will never spam you!