Try not to panic.
The Fed may practice taking money out of the system over the next few days. This is just a test - not an emergency.
"The New York Fed announced today that it intends to conduct a series of small-scale repurchase (repo) transactions in the near future with its Primary Dealers, using all eligible collateral types. Just like previous repo and reverse repo operational readiness exercises, this work is a matter of prudent advance planning by the Federal Reserve."
The Fed may practice taking money out of the system over the next few days. This is just a test - not an emergency.
"The New York Fed announced today that it intends to conduct a series of small-scale repurchase (repo) transactions in the near future with its Primary Dealers, using all eligible collateral types. Just like previous repo and reverse repo operational readiness exercises, this work is a matter of prudent advance planning by the Federal Reserve."
1 comment:
I was panicking then, not anymore. The Feds have more than cleared up the confusion it stirred when it announced the tapering of its QE program. Plus, I knew that my trading with binary options http://24option.com will yield better profits now I know the fundamentals that will be beneficial with my price speculations.
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