New BIS Report On Fed’s Repo Market Interventions, And…Soon To Be $500 Billion A Day?
by Jason Burack via Wall St For Main St And now CNBC is copying my “Repo Madness” phrase! The central bank will offer a total of $55 billion in longer-term loans. Two operations lasting 42 days will take place on Nov. 25 and Dec. 2. One operation lasting 28 days will be offered on Dec. 9, according to … Read more