KM Financial Solutions | UPDATE 3-Fed launches Treasury bill buys in bid for ‘ample’ reserves
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UPDATE 3-Fed launches Treasury bill buys in bid for ‘ample’ reserves

UPDATE 3-Fed launches Treasury bill buys in bid for ‘ample’ reserves

The Federal Reserve said on Friday that
it will start buying about $60 billion per month in Treasury
bills to ensure “ample reserves” in the banking system, but
emphasized the new program does not mark a change in monetary
policy.

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