Fed Injects $40 Billion in December as Global Liquidity Hits Record High
The Federal Reserve (Fed) injected $16 billion into the US banking system on December 30, marking the second-largest liquidity operation because the COVID-19 disaster. These funds have been equipped via in a single day repurchase agreements (repos), pushing the overall quantity of Treasury securities bought by way of repos in December to $40.32 billion. The…
