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Sunday, January 5, 2020

Fed focuses on repo market exit strategy after avoiding year-end crunch

Wall Street's worst fears of a year-end funding squeeze never materialized thanks in large part to the quarter-trillion dollars the Federal Reserve stuffed into the market to ensure nothing became gummed up.


from Reuters: Business News https://ift.tt/2ZW2ioh

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Rates low for too long, says ex-Bank of England boss

Lord Mervyn King says inflation has now been tamed and interest rates are "in the right ballpark". from BBC News https://ift.tt/...