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U.S. Fed reverse repo volume hits record $1T

19 pointsby grapehutalmost 4 years ago

2 comments

Ancalagonalmost 4 years ago
I don't even comprehend numbers that large moving that quickly. Can anyone better at understanding economics explain what this means to me?
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altspacealmost 4 years ago
This is to balance the impact of low interest rates on money market funds to avoid them from going into negative rate territory.