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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (67489)8/11/2007 6:05:04 PM
From: RealMuLan  Respond to of 116555
 
According to the count here, "Central banks worldwide injected at least $326.3 bil in 2 days."

money.cnn.com



To: RealMuLan who wrote (67489)8/11/2007 6:41:25 PM
From: Moominoid  Read Replies (1) | Respond to of 116555
 
As I understand it a repo has a slight discount built in which is the effective interest rate. It goes to the Fed of course. The Fed just tries to control the Federal Funds rate with these actions. They put out bids and take some of the offers. Most people on SI have no understanding of what the Fed does with all their talk about the PPT etc.


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