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Banking, Economy

“Fed Adds $63.5 Billion to Financial System in Repo Transaction”

“The Federal Reserve Bank of New York added $63.5 billion to the financial system Monday, using the market for repurchase agreements, or repo, to relieve funding pressure in money markets…”

https://www.wsj.com/articles/fed-adds-63-5-billion-to-financial-system-in-repo-transaction-11569846438

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