The Fed is Losing Control of Credit Markets

First published at 21:29 UTC on September 19th, 2019.

Despite announcing an interest rate cut on Wednesday, Jay Powell and the Federal Reserve have not done enough to quench the "market's" thirst for liquidity. We see this is the case in this week's spike in the repo rate, which ind...

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CategoryNews & Politics
SensitivityNormal - Content that is suitable for ages 16 and over