Jaws! Fed’s Reverse Repo Operations Soar To $992 Billion (Citi Inflation Surprise Index SOARS)

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by confoundedinterest17

The Federal Reserve reminds me of the movie “Jaws” with a giant, predatory shark lurking under markets.

Well, Jaws is at it again at reverse repos exploded to $992 billion. Despite the effective Fed Funds rate having stabilized at 10 basis points.

Citi’s inflation surprise index is through the roof.

The Fed always seem to think they need a bigger boat.

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