Fed Adds $102.44 Billion to Financial System in Latest Repo Transactions - News Summed Up

Fed Adds $102.44 Billion to Financial System in Latest Repo Transactions


The Federal Reserve Bank of New York added $102.44 billion in temporary liquidity to the financial system Tuesday. The intervention came in two parts. One was via overnight repurchase agreements, or repos, that totaled $78.3 billion, and via a 14-day repo that totaled $24.14 billion. In both operations, eligible banks took less liquidity than the Fed offered.


Source: Wall Street Journal November 19, 2019 14:48 UTC



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