Seems like a new way to do the old Quantitative Easing…
by Dismal-Jellyfish The Fed receives cash and provides collateral: As of 4/19, $2,666,343 million in Reverse Repurchase agreements (transactions in which securities are sold to a set of counterparties under an agreement to buy them back from the same party on a specified date at the same price plus interest). 3/15/2023: $2,423,126 million Source: … Read more