
The repo market
Behind the Money
00:00
Liquidity Crisis in the Repo Market
This chapter examines a pivotal moment in the repo market characterized by a significant demand-supply imbalance for cash. It highlights the Federal Reserve's interventions, including a $53 billion liquidity injection to stabilize the market and mitigate volatility. The discussion focuses on the repo market's dynamics, particularly the pressures faced by banks and the implications of cash scarcity on financial operations.
Transcript
Play full episode