The Fed's December liquidity blast prevented a repeat of ...

The Fed's December liquidity blast prevented a repeat of September's "repocalypse" in interbank "repo" markets. The contrarian question: has Fed #money printing displaced other cash sources, creating a new crisis for 2020? http://archive.ph/xCfUU #news #economy #banking

Year-End Repo "Crisis" Ends With A Whimper Amid Massive Liquidity Glut

In the end, the preemptive liquidity tsunami unleashed by the Fed in mid-December which backstopped just shy of $500 billion in liquidity, proved enough to keep any latent repo market crisis at bay.

zerohedge.com

Dec 31 2019 · 3:17 PM

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