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
Sunday, January 5, 2020
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Fed focuses on repo market exit strategy after avoiding year-end crunch
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/...
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