Fed's Anti-Inflation Fire Drills Employ ‘Reverse Repos’
Wed, Oct 21, 2009
In theory, the Fed will be able to remove excess cash from the banking system by selling Treasuries to banks with the agreement to buy them back later at a higher price.
Wed, Oct 21, 2009
In theory, the Fed will be able to remove excess cash from the banking system by selling Treasuries to banks with the agreement to buy them back later at a higher price.