Quarter-End Pushes Fed's Reverse Repo To Record $1.6 Trillion

Sep 30th 2021 1:48pm EDT

Quarter-End Pushes Fed’s Reverse Repo To Record $1.6 Trillion Back in July, when we forecast that the Fed’s reverse repo would hit $2.5 trillion by year end, we thought that this projection was too aggressive even for a Fed as clueless as this one. Maybe not. Moments ago, the NY Fed reported that today’s overnight […]

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