ylliX - Online Advertising Network
General Market News

NY Fed’s Williams: Standing repo facility could provide insurance during unexpected shocks

NY Fed's Williams: Standing repo facility could provide insurance during unexpected shocks

<script type="text/javascript" src="https://pppbr.com/bnr.php?section=Footer46860&pub=543549&format=728x90&ga=g&bg=1"></script>
<noscript><a href="https://yllix.com/publishers/543549" target="_blank"><img src="//ylx-aff.advertica-cdn.com/pub/728x90.png" style="border:none;margin:0;padding:0;vertical-align:baseline;" alt="ylliX - Online Advertising Network" /></a></noscript>

Establishing a standing repo facility that firms could tap as needed to borrow cash could help the Federal Reserve keep tighter control of short-term interest rates when there is an unexpected disruption to short-term funding markets, New York Fed Bank President John Williams said on Monday.

...read full article on Reuters

ylliX - Online Advertising Network