Fed Extends Pause on Reserve Management Purchases to Mid-October
The Federal Reserve said Monday for the second straight month it won’t buy Treasury bills for reserve management purposes in the upcoming period, an indication that policymakers are comfortable with the level of bank reserves in the financial system.
The Federal Reserve said Monday for the second straight month it won’t buy Treasury bills for reserve management purposes in the upcoming period, an indication that policymakers are comfortable with the level of bank reserves in the financial system.