Banks Still Starved For Cash: Repocalypse Continues

First published at 15:06 UTC on September 30th, 2019.
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The Federal Reserve is still struggling to suppress the recent surge in the overnight repo rate. This seems odd to me considering that the banking system is still sitting on a mountain of excess reserves. The only answer I can come up with is that t…

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