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kleinbl00 · 1678 days ago · link · · parent · post: "The Desk also will offer daily overnight repo operations for an aggregate amount of at least $75 billion each, until Thursday, October 10, 2019."
I think the Fed just agreed to pump a minimum of 2 trillion dollars into the economy. And I mean "Operations as necessary."Securities eligible as collateral include Treasury, agency debt, and agency mortgage-backed securities. Additional details about the operations will be released each afternoon for the following day’s operation(s).
After October 10, 2019, the Desk will conduct operations as necessary to help maintain the federal funds rate in the target range, the amounts and timing of which have not yet been determined.