<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>
The New York Federal Reserve Bank on Wednesday said the Federal Open Market Committee directed its Open Market Trading Desk to conduct overnight reverse repurchase agreements, or ON RRP, with a per-counterparty limit of $160 billion a day, effective Thursday. That’s double the current limit of $80 billion and was raised to help “ensure that the ON RRP facility continues to support effective policy implementation,” the New York Fed said, in a statement.
...read full article on Market Watch
