…Here’s how it works: Consumers load money into a kiosk, and within seconds a receipt prints confirming the conversion and a prepaid active card is issued. Many of the prepaid cards are MasterCard or Visa and consumers can use them …
2023-03-07: 2,170.195 | Billions of US Dollars | Daily | Updated: Mar 7, 2023 https://fred.stlouisfed.org/series/RRPONTTLD https://www.newyorkfed.org/markets/desk-operations/reverse-repo A wise Prophet once said concerning the next great depression will be so bad it will make the first one seem like a picnic …
By Robert Lambourne via GATA On November 10 my most recent commentary on the gold swaps of the Bank for International Settlements noted that “after 12 years in the gold swap business, the BIS seems to have just about gotten out”: https://gata.org/node/22286 It …
Something broke in the global financial system. U.S. banks are pulling liquidity out of Reverse Repo which means there's a sudden spike in credit stress and lending is ceasing up. The Fed pumped $2.5 trillion into RRP to mask any …
by jessefelder Sentiment is a funny thing. Fear and greed are two very powerful motivators and markets trigger these emotions in people like nothing else. Prices move and people react emotionally; the more they move the more they react and …
by Dismal-Jellyfish https://www.newyorkfed.org/markets/rrp_counterparties#additions-and-removals 2.4T inbound Memba when we first cracked $1T? edit: todays RRP was $2,425,910,000,000 “Everything is fine, inflation will be back to target of 2% by 2024” -JPow
NEW YORK (Reuters) – The trillions of dollars in overnight cash tucked away daily at the Federal Reserve could turn into a major headache for banks that could squeeze their balance sheets and impair their ability to lend. The Fed’s …
by Claudio Grass via Claudiograss.ch Part II of II, by Claudio Grass, Hünenberg See, Switzerland “Reverse currency wars”? Although the parity event may have captured the attention of the mainstream financial press and most western citizens, there’s a much bigger shift that has …
If the Q1 crash pattern repeats, this rally should reverse into a new low this week. pic.twitter.com/5Sv0PhfMeQ — Mac10 (@SuburbanDrone) July 18, 2022 NEW ALL TIME LOWFOR 🌎 CONSUMER 👇 pic.twitter.com/QmFm4940GO — Win Smart, CFA (@WinfieldSmart) July 18, 2022 Central …
‘When the magnitude of wind speed is equal & opposite to the force of gravity. The water fall at its best during that stage in Naneghat of western ghats range. Beauty of Monsoons.’ When the magnitude of wind speed is …
by socioecohistory Source: https://fred.stlouisfed.org/series/RRPONTSYD
by chriswhis Reverse Repo (RRP) isn’t what they say it is. I’ve found misinformation in The Wall Street Journal, NASDAQ’s own website, and just about every YouTube video I’ve attempted to watch. So let’s set some things straight: it’s not …
by ISayBullish The Reverse Repo Program (RRP) is, in layman’s terms, a program where market participants lend cash to the Federal Reserve, in exchange for an interest rate of usually 0.8% and typically overnight in exchange for Treasuries or other …
h/t pctracer
It means there aren’t very many good places to keep their money right now.
by silvebackstacker Link: https://fred.stlouisfed.org/series/RRPONTSYD/
BREAKING: @ElonMusk says he would reverse Trump's suspension from Twitter and called the ban "morally wrong" and "flat out stupid." pic.twitter.com/ahRTaO5caV — Benny Johnson (@bennyjohnson) May 10, 2022
The #Fed #ReverseRepo Program rising ominously again even though it's not quarter-end or even month-end. Excess cash with nowhere else to go. #RRP 📈https://t.co/El00PpRoYr pic.twitter.com/Q2CthffJ0Z — Invariant Perspective (@InvariantPersp1) January 21, 2022 👀https://t.co/kL4avYwc5B — Menthor Q (@MenthorQpro) January 21, 2022 …
by confoundedinterest17 (Bloomberg) — The amount of money that investors are parking at a major central bank facility climbed to yet another all-time high as supply-demand imbalances continue to dog U.S. dollar funding markets. Eighty-one participants on Monday placed a total of $1.758 trillion …
Economists sharply raised their US inflation forecasts for next year. pic.twitter.com/2q5YsAmphH — (((The Daily Shot))) (@SoberLook) December 20, 2021 *FED REVERSE REPO USAGE RISES TO RECORD $1.758 TRILLION year-end fun pic.twitter.com/iGotxZ1VVh — Brian Chappatta (@BChappatta) December 20, 2021
by confoundedinterest17 I love listening to Fed talking heads (or Fear The Talking Fed). They mostly seem to acknowledge that inflation is a problem and that the excessive monetary stimulus should be reduced. But then I see the chart of The …
by Chris Black Republicans absorb voter fervor against unpopular social issues, and “lose” on those popular fronts. Meanwhile they “win” token victories on unpopular Economic and war policies, thus insuring THEIR base gets blamed and not the puppet masters. “Sorry …
by pctracer
by Defeat3r Transistor or something like that JPow
by confoundedinterest17 When something is wrong with the economy. Banks park funds at The Federal Reserve in an attempt to soothe themselves. Nothing has been the same since the housing bubble of the 2000s, the resulting banking meltdown and the takeover …
h/t pctracer
by pctracer
The Deep Dive, Released on 10/1/21 On this Daily Dive episode, Cassandra sits down with Danielle DiMartino Booth, CEO of Quill Intelligence. As a former advisor of Federal Reserve Bank of Dallas, she drops by to share her thoughts on …
