New York Fed to inject 150 billion USD daily into financial market over Wuhan coronavirus
Topics: NEW YORK WUHAN CORONAVIRUS
"Beginning today and through Mar 12, 2020, we will increase the amount offered in daily overnight repos from at least $100B to at least $150B.
We will also increase the amount offered in the 2 week term repos on Mar 10, 2020 and Mar 12, 2020 from at least $20B to at least $45B," the New York Fed said Monday on Twitter. ■