Historical Events tagged with "Federal Reserve"
Turns out history loves a label—battles, breakthroughs, and the occasional disaster, all neatly tagged for your browsing pleasure. Because sometimes you just need every weird invention in one place.
Economics & Industry
Spike in Lending Rates Triggers Fed Repo Operations
September 16th, 2019 5 years ago
In mid-September, an unexpected spike in overnight lending rates in the U.S. financial markets prompted the Federal Reserve to intervene by conducting repurchase agreement (repo) operations. This action was aimed at providing liquidity to ensure that the banking system remained stable and to alleviate the pressures in the short-term funding markets. The Federal Reserve took this step to boost the effectiveness of its monetary policy tools amidst rising borrowing costs.
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