Federal Reserve intervention in repo market a step towards more QE

FT/Michael Mackenzie/9-18-2019

Graphic 'QE4?' in red“The Federal Reserve Bank of New York has a well-earned reputation for fighting fires in financial markets, particularly in the arcane and crucial realm of short-term funding for banks and investors.”

USAGOLD note:  We mentioned the possibility of a new round of QE in yesterday’s DMR.  Here is a more detailed look on how and why that could happen.

This entry was posted in Today's top gold news and opinion. Bookmark the permalink.