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.
Day 6: "Securities eligible as collateral additionally include Park Place or Boardwalk, large stuffed animals, vintage license plates, movie ticket stubs, and acorns."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).