UPDATE 2-Fed launches Treasury bill buys in bid for ‘ample’ reserves
The Federal Reserve said on Friday that
it will start buying about $60 billion per month in Treasury
bills to ensure “ample reserves” in the banking system, but
emphasized the new program does not mark a change in monetary
policy.
it will start buying about $60 billion per month in Treasury
bills to ensure “ample reserves” in the banking system, but
emphasized the new program does not mark a change in monetary
policy.
Posted by Reuters
