BANKING CRISIS PREVENTION EMERGENCY OPERATION INITIATED, MASSIVE FED REPO BANK RESCUE

First published at 21:53 UTC on September 18th, 2019.

The fed had to come to the rescue of over-leveraged lenders amid a liquidity panic causing the overnight funds rate to surge! Is this the beginning of the next banking crisis or just a bump in the road to endless prosperity?
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CategoryBusiness & Finance
SensitivityNormal - Content that is suitable for ages 16 and over