Big Banks Seek Less Liquidity From Fed Amid Stable Money-Market Rates [Video]

Auto CuratedMarketing Strategies, Marketing Videos

Demand for the Federal Reserve’s short-term market liquidity offering ebbed a bit after robust interest at the start of the week.

The Fed injected $46.6 billion into markets via what are called overnight repurchase agreements, or repos.

Fed repo interventions take in bonds from eligible banks in what is effectively …