At Any Rate cover image

Global Rates: Hawkish cuts and dovish holds

At Any Rate

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Transitioning Monetary Policy: Repo Facilities and Quantitative Tightening

This chapter explores the Bank of England's shift to a demand-driven policy framework for liquidity provision, emphasizing updates to its repo facilities. It also compares these changes to the Federal Reserve's adjustments aimed at managing funding volatility during quantitative tightening.

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