Summary:
Treasury working to keep its account at the Fed as high and stable as practical, to reduce Reserve Assets at Depositories: Treasury Secretary Steven Mnuchin indicated the U.S. will keep issuing debt at a steady pace as he seeks to fund a possible extension of the tax filing deadline https://t.co/P4Fh34GLAn — Bloomberg (@business) March 11, 2020 While the Fed is working to increase Reserve Assets at Depositories: BREAKING: Fed boosts money it's providing to banks in overnight repo lending to 5 billion amid sell-off https://t.co/X1DPuqcceT — CNBC Now (@CNBCnow) March 11, 2020 You have these two govt fiscal/monetary entities working against each other...Who the hell is in charge?????
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Treasury working to keep its account at the Fed as high and stable as practical, to reduce Reserve Assets at Depositories: Treasury Secretary Steven Mnuchin indicated the U.S. will keep issuing debt at a steady pace as he seeks to fund a possible extension of the tax filing deadline https://t.co/P4Fh34GLAn — Bloomberg (@business) March 11, 2020 While the Fed is working to increase Reserve Assets at Depositories: BREAKING: Fed boosts money it's providing to banks in overnight repo lending to 5 billion amid sell-off https://t.co/X1DPuqcceT — CNBC Now (@CNBCnow) March 11, 2020 You have these two govt fiscal/monetary entities working against each other...Who the hell is in charge?????
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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Treasury working to keep its account at the Fed as high and stable as practical, to reduce Reserve Assets at Depositories:
Treasury Secretary Steven Mnuchin indicated the U.S. will keep issuing debt at a steady pace as he seeks to fund a possible extension of the tax filing deadline https://t.co/P4Fh34GLAn— Bloomberg (@business) March 11, 2020
While the Fed is working to increase Reserve Assets at Depositories:
BREAKING: Fed boosts money it's providing to banks in overnight repo lending to $175 billion amid sell-off https://t.co/X1DPuqcceT— CNBC Now (@CNBCnow) March 11, 2020
You have these two govt fiscal/monetary entities working against each other...
Who the hell is in charge?????