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The Right Coast
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Fed Boosts Amount of Liquidity Offered to Financial System – WSJ

By Thomas A. Smith

The Federal Reserve Bank of New York intervened twice Thursday morning with what is called an overnight repurchase-agreement operation and via a 14-day repo operation. The New York Fed had said Wednesday it was raising its minimum offerings for overnight repos to $120 billion from a minimum of $75 billion, with the next two-term repo operation increased to $45 billion from a minimum of $35 billion.

via www.wsj.com