Fed Pumps Another $1.5 Trillion into Repo Market
$500 billion Thursday. $1 trillion Friday. And $1.6 trillion every week for at least the remainder of the month.
repo market
Coronavirus Repo Madness: Fed Pumps Overnight Liquidity To $175 Billion
The Fed is attempting to keep the financial system functioning smoothly as banks tighten grip on funding to fend off coronavirus threats.
Repo Madness: Overnight Operations Jump to $150 Billion on New Year’s Eve
The New York Fed is getting ready for a possible liquidity crunch at the end of the year.
Repo Madness: Fed Pumps Overnight Bank Funds to $120 Billion a Day
The “temporary liquidity operations” are looking a lot less temporary with each passing day.
Elizabeth Warren Asks if Banks are Using Repo Madness to Loosen Liquidity Rules
Elizabeth Warren takes notice of the banks attempting to make the most out of the crisis in the short-term funding market.
Repo Madness Day 8: NY Fed Pumps $110 Billion of Cash into Market
No sign of stability in the short-term funding market.
Repo Madness: New York Fed Boosts Overnight Funds to $100 Billion
Demand for short-term cash loans for banks is rising and liquidity crunch rolls on.
Repo Madness Day 7: Banks Seek $92 Billion of Repo Funding from NY Fed
The short-term funding market still needs emergency liquidty from the Federal Reserve.
Repo Madness Day 5: NY Fed Pumps $65.8 Billion Into Funding Market
The Fed’s intervention in the overnight funding market for banks entered its second week on Monday.
Repo Madness Heads Into Day 4: Another $75 Billion Liquidity Drop from NY Fed Coming Friday
The Fed’s life support for the short-term funding market will continue on Friday.