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New program would have a 'Standing Repo Facility' allowing Banks to exchange Treasurys for Reserves

Objective would be for Banks to hold fewer reserves, allowing The Fed to further shrink its Balance Sheet

https://www.cnbc.com/2019/04/29/fed-looking-at-a-program-that-could-be-version-of-quantitative-easing.html



Submitted April 30, 2019 at 10:26AM by stealthVault http://bit.ly/2V60gmz

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