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Explaining Fed Repos | John Mousseau
John Mousseau explains the emergency actions taken by the Federal Reserve in repurchase agreements over the last several months. He explains that Fed maintenance, or plumbing, allowed the Fed funds rate to remain near its target. He says that the Fed had become accommodative following its December 2018 final rate increase. He doesn't expect the market to weaken, however, he expects the pace of growth to slow.
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