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Fed Prepares To Go Direct With Liquidity


the increasingly overt actions of the Federal Open Market Committee in the market for short-term funding.
Then as now, we view
the actions of the FOMC as slowly destroying the private money markets in the US and preparing to very visibly push the big banks out of the transmission chain of monetary policy.
One reader of
The IRA asked yesterday:
“Brother maybe you can help me understand: reverse repo 351BN 5th largest ever. What is going on? Any thoughts? No rush but I haven t heard anyone talking about this. I don’t get with all the excess why banks need to be doing this. Haven’t seen it since march 2020.” ....

New York , United States , Janet Yellen , Ralph Delguidice , Financial Stability Oversight Council , Federal Reserve Bank , Market Committee , Financial Services Oversight Council , George Selgin At Cato Institute , Institutional Risk Analyst , Federal Funds Market , Federal Open Market Committee , Keith Mccullough , Usual Suspects , Maybe Treasury Secretary Janet Yellen , George Selgin , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , நிதி ஸ்திரத்தன்மை ஓவர்‌ஸைட் சபை , கூட்டாட்சியின் இருப்பு வங்கி , சந்தை குழு , நிதி சேவைகள் ஓவர்‌ஸைட் சபை , நிறுவன ஆபத்து ஆய்வாளர் , கூட்டாட்சியின் நிதி சந்தை , கூட்டாட்சியின் திறந்த சந்தை குழு , கேய்ட் ம்க்கல ,