July 29, 2021/Proshare by FDC Ltd Analysts and journalists were of the view that this was going to be deja vu, another ritual of the boring status quo and reasons for and against the usual suspects- inflation, growth and interventions. But not this time around because just as the reporter […]
Updates
Statement Regarding Repurchase Agreement Arrangements
July 28, 2021/US Federal Reserve The Federal Open Market Committee on Wednesday announced the establishment of two standing repurchase agreement (repo) facilities—a domestic standing repo facility (SRF) and a repo facility for foreign and international monetary authorities (FIMA repo facility). These facilities will serve as backstops in money markets to […]
Federal Reserve issues FOMC statement
July 28, 2021/US Federal Reserve The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. With progress on vaccinations and strong policy support, indicators of economic activity and employment have […]
