Macro Musings with David Beckworth cover image

Samim Ghamami on How to Reform the Treasury Market

Macro Musings with David Beckworth

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Exploring the Standing Repo Facility and Market Function Purchases

This chapter explores the Standing Repo Facility's complexities and its limited application. It discusses potential reforms to improve its effectiveness in financial crises, considers the role of emergency buyback programs, and emphasizes the importance of clear distinctions in monetary policy measures.

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