Fed Maintains $10 Billion Treasury-Bill Purchases, Reinvests $16.5 Billion Through July 13
The Federal Reserve said it will buy about $10 billion of Treasury bills this period and conduct $16.5 billion of reinvestment purchases through July 13 to bolster reserves ahead of an expected liquidity drain.
The Treasury-bill purchase pace is unchanged from the previous cycle. The decision keeps the Fed’s reserve-support operations in place as policymakers prepare for tighter liquidity conditions in the coming months.
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@cointelegraph🇺🇸 NEW: The Fed will continue buying $10B in Treasury bills to bolster reserves ahead of an expected liquidity drain, plus $16.5B in reinvestment purchases through July 13.
@businessThe Federal Reserve said Thursday it will buy about $10 billion of Treasury bills this period, unchanged from the previous cycle, as policymakers seek to bolster reserves in anticipation of a liquidity drain in the coming months. https://t.