The Fed’s rate freeze will mean nothing unless banks fix a repo market bottleneck
The October 29 settings put reserve interest at 3.90%, standing repo at 4.00% and reverse repo at 3.75%, each supporting rate control.
Riepilogo della notizia
The October 29 settings put reserve interest at 3.90%, standing repo at 4.00% and reverse repo at 3.75%, each supporting rate control.
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