UPDATE 3-Fed launches Treasury bill buys in bid for ‘ample’ reserves
10 Oct UPDATE 3-Fed launches Treasury bill buys in bid for ‘ample’ reserves
Posted at 19:06h
in
News
by KMFSLLP
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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