Similar Stories to Fed Pumps $70.2 Billion In Short-term Liquidity Into Markets on Bing News

The Federal Reserve Bank of New York added $70.2 billion in temporary liquidity to financial markets. Tuesday’s intervention came in two parts. One was via overnight repurchase agreements, or repos, that totaled $41.7 billion. The other came in a $28.5 billion 13-day repo. The Fed took all securities offered in both operations.

BING NEWS:
  • The Fed Moves To Preserve Liquidity, But Investors Should Remain Cautious
    The Fed announced a reduction in the quantitative tightening program, selling fewer US Treasuries, potentially leading to lower interest rates. Read more here.
    05/1/2024 - 1:47 pm | View Link
  • What the Fed rate decision means for bank accounts, CDs, loans, and credit cards
    The Fed controls one interest rate: the federal funds rate, the short-term rate banks use to borrow ... lowering interest rates as an injection of liquidity into the financial system.
    04/30/2024 - 1:00 pm | View Link
  • Optimize Community QE
    The first is to thank you for opening the Fed’s new Municipal Liquidity Facility (MLF) under Section 13(3) of the Federal Reserve Act (FRA), in keeping with the CARES Act signed into law earlier ...
    06/14/2020 - 3:54 am | View Link
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