4min chapter

Forward Guidance cover image

The European Central Bank Goes On The Offensive | Daniel Neilson (LIVE)

Forward Guidance

CHAPTER

Is There a Problem With the Federal Reserve?

There's still close to three trillion dollars in the reverse repo facility. The Fed sets interest rates and they're trying to get all of the overnight dollar Interest rates to move together. Money market funds are not making any profit right now because they've got too much money in There all of their rates are at the floor Uh at the overnight repo facility, so they're not really doing any business.

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